Suppose you reside in the country of Camelot In 2001, the total population is 110,000, the number of workers is 77 000, and real GOP is $5 280,000 000 Now assume in 2002, the total population is 115,500, the number of workers is 80 850, and real GDP is $5,121,600 000. In 2002, real income per capita is $ . (Round your response to the nearest dollar) In 2002 real income per worker is $ (Round your response lo the nearost dollor.) The change in worker productivily from 2001 is percent. (Round your resporise to bwo decimal places )

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 33P: The Czech Republic has 3 GDP of 1,800 billion koruny. The exchange rate is 25 koruny/U.S. dollar....
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Suppose you reside in the country of Camelot. In 2001, the total population is 110,000, the number of workers is 77 000, and real GDP is $5 280,000 000, Now assume in 2002, the total population is 115,500, the number of workers is 80,850, and real GDP is
$5,121,600,000.
In 2002, real income per capita is $ . (Round your respornse to the nearest dollar.)
In 2002 real income per worker is $. (Round your response lo the near9st doller)
The change in worker productivily from 2001 is percent. (Round your response to two decimal claces)
Transcribed Image Text:Suppose you reside in the country of Camelot. In 2001, the total population is 110,000, the number of workers is 77 000, and real GDP is $5 280,000 000, Now assume in 2002, the total population is 115,500, the number of workers is 80,850, and real GDP is $5,121,600,000. In 2002, real income per capita is $ . (Round your respornse to the nearest dollar.) In 2002 real income per worker is $. (Round your response lo the near9st doller) The change in worker productivily from 2001 is percent. (Round your response to two decimal claces)
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