Answer only correct A country had real GDP per person of 5800 in 2005 and has had average real GDP growth of 8.4% per year, over the next 15 years. What is real GDP at the end of that period?
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- An economy starts off with a GDP per capita of 5,000. How large will the GDP per capita be if it grows at an annual rate of 2 for 20 years? 2 for 40 years? 4 for 40 years? 6 for 40 years?ASAPThe table below shows the real GDP and population for the years 2000 and 2010 of a small island nation. Year Real GDP Population 發 2000 10,000 800 2010 22,000 950 Where applicable, round your answers to two decimal places. (a) Calculate the annual growth rate of real GDP over the 10 years (from 2000 to 2010). (b) Calculate the annual growth rate of real GDP per capita over the 10 years (from 2000 to 2010).
- of Today (time 0) the nation of ZYX has a GDP of $1000. If ZYX economy grows at 3% per year, what will be its GDP in 10 years? a. $1343.92 b. $1072.93 c. $1456.84 d. $1300Z. 1 a. US GDP was 14,419 billion in 2009 and 14,964 billion in 2010. What was the percentage increase in GDP over this period? Show your workGive typing answer with explanation and conclusion What are the top 10 countries by GDP/capita and what are their actual GDP/person numbers in USD$?
- Answer only correct A country had real GDP per person of 5800 in 2005 and has had average real GDP growth of 8.4% per year, over the next 15 years. What is real GDP at the end of that period?It is observed that in a country in a given period of 20 years the average GDP growth rate has been 4%. However, it is observed that in this period the average GDP growth rate is 5% in the first 5 years and 3% in the last 5 years. How this difference in the average growth rates might be explained?Based on World Bank data, Philippines real per capita GDP in 2019 was US$3,850. It needs to increasethis to at least US$15,000 to attain a high income country status. By how much should real per capitagrown annually if it want to achieve this status in year a) 2028; b) 2037; c) 2055?
- A small county wants to increase its real GDP from $18,000 to $36,000. If they want this to happen in 9 years, what rate of growth do they need to have each year?A country had real GDP per person of 5800 in 2005 and has had average real GDP growth of 8.4% per year, over the next 15 years. What is real GDP at the end of that period? No ai plsDon't give AI solution A country had real GDP per peria of 5800 in 2005 and has had average real GDP growth of 8.4 %per wear, over the next 15 years, What is real GDP - at the end of that period?