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Suppose that nominal GDP was $10000000.00 in 2005 in Midland County Texas.

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Suppose that nominal GDP was $10000000.00 in 2005 in Midland County Texas. In

2015, nominal GDP was $11000000.00 in Midland County Texas. The price level rose 1.00% between 2005 and 2015, and population growth was 3.25%. Calculate the following figures for Midland County Texas between 2005 and 2015.

a. Nominal GDP growth was    %.

b. Economic growth was    %.

c. Inflation was    %.

d. Real GDP growth was    %.

e. Per capita GDP growth was    %.

f. Real per capita GDP growth was    %.

 
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