Problem
How much was U.S. real GDP growth in the year 2008? What about the growth rate of U.S. population? First, check out "Gross Domestic Product (GDP) and Components". Click on "GDP/GNP" and select "GDPCA," title "Real Gross Domestic Product." Click on "Download Data" and change the units to "Percent Change," then download the series. For population data, go to www.census.gov , then select "Estimates" under the "People & Households" category. Click on "Estimates Data," and then under "National" click on "Totals." Select "Population Change" and click on the data set that is NOT the cumulative estimate. (Note: For 2009 data, you may have to go to Archived Releases after clicking on "Totals," and then select Vintage 2009.) The data set shows the annual population change in the United States between 2008-2009. Using these two pieces of information, what can you infer about the evolution of U.S. per capita real GDP in 20.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.