Suppose nominal GDP grows from $10 billion in 1990 to $14 billion in 2000, while population...

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Suppose nominal GDP grows from $10 billion in 1990 to $14 billion in 2000, while population...

Suppose nominal GDP grows from $10 billion in 1990 to $14 billion in 2000, while population grows from 4.0 to 4.4 million and the price index in 1995 dollars increases from 95 to 105. The average annual growth rate of real per-capita GDP is

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Answer 1

Answer #1

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