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10-11-2022
Business

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100 POINTS!! Suppose that nominal GDP was $9250000.00 in 2005 in Orange County California. In 2015, nominal GDP was $11250000.00 in Orange County California. The price level rose 2.50% between 2005 and 2015, and population growth was 3.50%. Calculate the following figures for Orange County California between 2005 and 2015. Give all answers to two decimals.
Nominal GDP growth was %
Economic growth was %
Inflation was %
Real GDP growth was %
Per capita GDP growth was %
Real per capita GDP growth was %

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