Macro Econ Question on GDP?
9.1 Calculate real GDP per person for the year 1964. Round to the nearest dollar.
Real GDP (Billions of 2000 dollars) $2,999
Nominal GDP (Billions of current dollars) $664
Nominal GDP Per Person $3,460
Population 191,889,000
I divided 2999000000/191889000
and got 15,629
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Yep.