Suppose a Nation's Real GDP Grows at Approximately 3

question 28

Multiple Choice

Suppose a nation's real GDP grows at approximately 3.6% per year and its per capita real GDP grows by 2.2%. Calculate the approximate rate of population growth.

• A) 0.6% per year
• B) 1.4% per year
• C) -1.4% per year
• D) 5.8% per year

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