Answered: In 1988 the value of RGDP was $9,000.38…

In 1988 the value of RGDP was $9,000.38 billion and the population was 298.32 million. What was the value of real GDP per capita? Round to the nearest whole number. Do not enter a dollar sign.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

In 1988 the value of RGDP was $9,000.38 billion and the population was 298.32 million.
What was the value of real GDP per capita? Round to the nearest whole number. Do not
enter a dollar sign.

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