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25-05-2023
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9. The table below shows nominal GNP for two country X and country Y. Which economy experienced higher growth in real GNP per capita between 1950 and 2010? 1950 2010 Country X Nominal GNP 20 2000 (current £bn) GNP deflator 8 100 (2010=100) Population (bn) 1 Nominal GNP 60 5 Country Y 5000 (current £bn) GNP deflator 1 100 (2010=100) Population (bn) 3 5

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