Change in real gdp per capita

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Reference no: EM1311509

The information below describes the real GDP per capita for the country of Utopia for the period of 1975 to 1991.


  1. If a new business cycle began in 1975, how long was this cycle?
  2. The peak occurred in which year? The trough occurred in which year?
  3. How long was the expansion? How long was the contraction?
  4. Calculate change in Real GDP per Capita (Complete the table below)


Real GDP per Capita

Change in Real GDP per Capita




















































Reference no: EM1311509

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