If the Average Annual Growth Rate in Real GDP for a Nation

question 66

Multiple Choice

If the average annual growth rate in real GDP for a nation during the last decade was 4 percent per year and the average annual population growth rate was 3 percent per year during the same period, then the average annual growth rate of per capita GDP was

• A)1.00 percent.
• B)-1.00 percent.
• C)0.75 percent.
• D)1.33 percent.

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Definitions:

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