(Answered) Check out the nominal gdp levels for usa in2013nbspand

Economics

Check out the nominal GDP levels for U.S.A. in

2013 and 2009 from the website of U.S. Bureau of Economic Analysis. The 2013 GDP deflator relative tothe base year 2009 is 107(P2009=100).

a. Given that the U.S. population in 2013 is roughly 316.5million, calculate the nominal GDP per capita in 2013

b.Calculate real GDP for 2013 in 2009 dollars.

c.Calculate the compound annual growth rate of economic output from 2009 to 2013

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