Consider the following data for a particular country.
Real GDP per Capita, Year 1 Population, Year 1 and Year 2 (millions) Inflation Rate Growth Rate of Real GDP, Year 1 to Year 2
$45000 400 2 percent 4 percent
Instructions:
In part a, enter your answer as a whole number. In part b, round your answer to 2 decimal places.
a. What is real GDP per capita in year 2?
b. What is real GDP in year 2?