Japans real gdp was 525 trillion yen in2009 and 535

Assignment Help Macroeconomics
Reference no: EM13373262

Japan's real GDP was 525 trillion yen in2009 and 535 trillion yen in 2010. Japan's population was 127.6 million in 2009 and 127.5 million in 2010. Calculate

a. The economic growth rate,
b. The growth rate of real GDP per person.
c. The approximate number of years it takes for real GOP pee person in Japan (0 double if the real GDP economic growth rate returns to 3 percent a year and the population growth race is maintained

Chinas real GDP per person was 9,280 yuan' in 2009 and 10,110 yuan in 2010. India's real GDP per person was 30,880 rupees in 2009 and 32,160 rupees in 2010.

a.The population of China isgrowing at 1percent a year and the population of India is growing at l.4percent a year. Calculate the growth rate of real GDP in each country.

Reference no: EM13373262

Questions Cloud

Bell company is considering the disposal of equipment that : bell company is considering the disposal of equipment that is no longer needed for operations. the equipment originally
Loyola international inc is considering adding a portable : loyola international inc. is considering adding a portable cd player to its product line. management believes that in
1with respect to a corporation select the statement that is : 1.with respect to a corporation select the statement that is correct. a. its organization requires an approved charter
Q full disclosure is desirable for all of the following : q full disclosure is desirable for all of the following reasons exceptnbspit helps to prevent the inappropriate use of
Japans real gdp was 525 trillion yen in2009 and 535 : japans real gdp was 525 trillion yen in2009 and 535 trillion yen in 2010. japans population was 127.6 million in 2009
In july 2009 in the economy of sandy island 10000 people : in july 2009 in the economy of sandy island 10000 people were employed 1000 were unemployed and 5000 were not in the
1 what types of products are phone services and : 1. what types of products are phone services and electricity?2. why does a firm spend an enormous amount on advertising
1would auctioning broadcast licenses be more efficient than : 1.would auctioning broadcast licenses be more efficient than having the federal communications commission fcc assign
A state and explain the law of diminishing marginal utility : a. state and explain the law of diminishing marginal utility and do the same for the law of diminishing returns.b.

Reviews

Write a Review

Macroeconomics Questions & Answers

  How much of the deficit was monetized

Suppose that the federal government’s annual budget deficit is $250 billion and that the Fed’s holdings of government securities increase by $10 billion over the year. How much of the deficit was monetized?

  Which texts possible explanations for increasing wages

Which two of the text's possible explanations for increasing wage and salary inequality seem least consistent with the following fact The distribution of earnings has become more unequal within industries (Both goods and service industries) and wi..

  Which bar yields the greates marginal utility

The consumption of which bar yields the greates marginal utility?The reason why people are charged for an additional can of soda they get from a soda machine, but are not charged for an additional paper taken from a newspaper dispensing machine, is..

  Why is the long-run aggregate supple curve vertical

Why is the long-run aggregate supple curve vertical?  Explain the shape of the short run aggregate supply curve. Why is the short-run curve relatively flat to the left of the full-employment output and realively steep to the right?

  Illustrate what does empirical evidence on the us

Illustrate what does empirical evidence on the U.S. experience with the Earned Income Tax Credit predict will be the effect of the new policy.

  As per much of the rest of the world remained characterized

As per much of the rest of the world remained characterized by low rates of economic growth.

  What happens to the real interest rate and the ca balance

Assume that the Current Account Balance is initially positive for one country. Assume that a permanent positive shock to production affects the country which initially had a positive current account balance.

  Illustrate what do think about the goal distressed country

Illustrate what do you think about the goal of the IMF's aid to distressed countries. What has been the controversy surrounding the IMF austerity programs.

  Details of investing in market based portfolio

Based on current dividend yields and expected capital gains, expected rates of return on portfolios A and B are 11 percent and 14%, respectively. The beta of A is 0.8, while that of B is 1.5.

  Find out more about the airline industry

Find out more about the airline industry. What is the price elasticity of supply for the airline industry.

  Elucidate what is the cross elasticity of demand

Elucidate what is the cross elasticity of demand for pipes and pipe tobacco.

  Which nation has a comparative advantage

Which nation has a comparative advantage in clothing and by what amount.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd