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
Correct Answer:
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Q53: Consider a firm that produces output using
Q54: Which of the following statements is true?
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Q55: If output per capita doubles in 30
Q56: Use the following to answer questions.
Exhibit: Aggregate
Q57: Use the following to answer questions.
Exhibit: Aggregate
Q59: Use the following to answer questions .
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Q60: Use the following to answer questions .
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Q61: In the U.S., between 1990 and 2007,
Q62: Use the following to answer questions .
Exhibit:
Q63: Use the following to answer questions.
Exhibit: Aggregate
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