☰ Contents · Economics

Economic growth and development

Lessons 23 · 1 lessons · E. Sariqov, B. Xaydarov. Fundamentals of Economic Knowledge (Economics), Grade 9, 4th edition. “Huquq va Jamiyat” publishing house, Tashkent, 2019
Answers are for parents and teachers.
1
Nominal GDP is 4 500 and the price index 1.5. What is real GDP?
2
Real GDP rose from 800 to 1 000. What is the growth in per cent?
3
Nominal GDP is 1 320 and prices rose 10% (I = 1.1). What is real GDP?
4
Give your own example of extensive and intensive growth.