What was the total percentage change in real gnp per capita


Problem

Nominal GNP in Kenya was 9 billion shillings in 1967 and 135 billion shillings in 1987. The price level in Kenya (using 1980 as a base year) rose from 40 in 1967 to 200 in 1987, and the population of Kenya increased from 10 million to 22 million in those twenty years. What was the total percentage change in real GNP per capita in Kenya from 1967 to 1987?

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.

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: What was the total percentage change in real gnp per capita
Reference No:- TGS02091850

Expected delivery within 24 Hours