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ECS1601-25-Y_ASS3
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Use the following:
| GDP (Nominal, Billion) | Population (Thousands) | ||
|---|---|---|---|
| 2019 | 3 250 | 2019 | 57 000 |
| 2020 | 3 400 | 2020 | 58 000 |
What is the GDP per capita growth rate? Round to two decimals.
Suppose 50 000 000 people are in the labour force, 20 000 000 people are employed in the public sector and 5 000 000 people are employed in the private sector.
When interpreting the table for a country ABC, why is population data included?
Month
|
Consumer price index
| |
2012
|
2013
| |
January
|
50.3
|
60.2
|
February
|
52.4
|
61.1
|
April
|
53.2
|
63.1
|
May
|
55.5
|
64.2
|
June
|
56.1
|
65.3
|