Population grows by 2 per cent between years 1 and 2 what
Nominal GDP in year 1 is $1,000 and in year 2 is $1,010. The GDP Deflator in year 1 is 100 and in year 2 is 105. Population grows by 2 per cent between years 1 and 2. What is the growth rate of real GDP per capita between years 1 and 2?
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nominal gdp in year 1 is 1000 and in year 2 is 1010 the gdp deflator in year 1 is 100 and in year 2 is 105 population
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