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Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399 Exercise 8
Zimbabwe ' s GDP shrank by an average of 5 percent a year from 2000 tO2 010.
( a )What was the cumulative GDP decline in that decade?
( b ) If the population grew by 0.8 percent a year, by how much did per capita GDP decline in that decade?
( a )What was the cumulative GDP decline in that decade?
( b ) If the population grew by 0.8 percent a year, by how much did per capita GDP decline in that decade?
Explanation
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Verified
(a) Cumulative decline in
:
Since
d...
Essentials of Economics 8th Edition by Bradley Schiller
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