Real GDP and Population over TimeYear Real GDP (millions of dollars) Population (thousands of people) Real GDP per Capita (dollars)1 $5,847 224 $26,1032 6,666 228 29,2373 7,541 237 31,819 Instructions: Round your answers to one decimal place. a. Using the information in the table, calculate the growth rates in real GDP, population, and the standard of living (real GDP per capita) between year 1 and year 2.      Real GDP: %      Population: %      Standard of living: % b. Now, using the information in the table, calculate the growth rates in real GDP, population, and the standard of living between year 2 and year 3.      Real GDP: %      Population: %      Standard of living: % c. The standard of living in the economy of Highlands between year 1 and year 2 grew the standard of living between year 2 and year 3.

The following table shows values of annual real GDP per capita over time.  Use it to answer the next question. 1810 $1,5001860 $2,1001910 $3,9001960 $18,0002010 $43,600 What was the rate of growth in real GDP per capita between 1810 and 2010?Multiple Choice$43,600$42,1002,807%2,907%

The table below shows real GDP per capita for the United States between the years 1950–2016.Real GDP per Capita over TimeYear Real GDP per Capita (dollars)1950 $12,8531975 22,3322000 41,6162016 45,189 Instructions: Round your answers to one decimal place. a. What is the growth rate in the standard of living from 1950 to 1975?       % b. What is the growth rate in the standard of living from 1975 to 2000?       % c. What is the growth rate in the standard of living from 2000 to 2016?       %

Suppose that real GDP per capita in Italy is $32,000. If real GDP per capita is growing at a rate of 2.5% per year, how many years will it take for real GDP per capita to reach $64,000? Instructions: Round your answer to 1 decimal place.  years

Suppose the GDP deflator was 200 in 2008 and 190 in 2009. In addition, nominal GDP was 1% lower in 2009 than in 2008.  Given this information, the approximate, rate of real GDP growth in 2009 was: Group of answer choices4%6%3%5%

2018 2019 202024 million 25 million 26 million f. The real GDP per capita in 2018 is $ , in 2019 is $ , and in 2020 is $ . Round your answers below to the nearest dollar.g. The growth rate of real GDP per capita in 2019 is % and in 2020 is %. Enter your responses rounded to one decimal place when needed.