ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Suppose an economy's real GDP is $31,500 in year 1 and $33,000 in year 2. The population is 110 in year 1 and 112 in year 2. What is
the growth rate of real GDP per capita? Round your answer to 2 decimal places (no percentage sign). Your Answer:
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Transcribed Image Text:Suppose an economy's real GDP is $31,500 in year 1 and $33,000 in year 2. The population is 110 in year 1 and 112 in year 2. What is the growth rate of real GDP per capita? Round your answer to 2 decimal places (no percentage sign). Your Answer:
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