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Economics: The Basics 1st Edition by Mike Mandel
Edition 1ISBN: 978-0071316026Economics: The Basics 1st Edition by Mike Mandel
Edition 1ISBN: 978-0071316026 Exercise 3
The following table shows real GDP (in 2000 dollars) for Japan from 2000 to 2007, along with the population in each year.
a) Calculate real GDP per capita for each year.
b) In what years did real GDP per capita fall?
c) In what year did real GDP per capita rise by the biggest percentage?
d) By what percentage did GDP per capita rise from 2000 to 2007?
a) Calculate real GDP per capita for each year.
b) In what years did real GDP per capita fall?
c) In what year did real GDP per capita rise by the biggest percentage?
d) By what percentage did GDP per capita rise from 2000 to 2007?
Explanation
Verified
Verified
GDP per capita is calculated by dividing...
Economics: The Basics 1st Edition by Mike Mandel
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