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Thursday, September 20, 2012

HL3 BW 010


1.    An increase of GDP over time
2.       Real values are used because they take inflation into account providing mor accurate accounts of growth
3.       There might be AS in population and thus in order to have an accurate measurement
4.       1570dollar
1611 dollar
1587 dollar

a)      2.61 %
b)      -0.87 %
c)       They experience negative growth between 2008 and 2009
5.       Because population increased more than gdp
6.       1.47

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