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Business, 11.02.2020 17:11 moodyshaliyah01

Year Nominal GDP Price Index Population Country A 2000 $4,000 100 200 2010 $8,000 100 400 Country B 2000 $4,000 100 200 2010 $10,000 200 300

a. Calculate the percentage increase in nominal GDP between 2000 and 2010 for each country. Country A: Country B:
b. Calculate real GDP in each country in 2010, using 2000 as the base year. Country A: Country B
c. Calculate the percent increase in real GDP between 2000 and 2010 for Country A.
d. Calculate each country’s real GDP per capita in 2010 using 2000 as the base year. Country A: Country B

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