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If a Country's Real GDP Per Capita in 1950 Was

Question 43

Multiple Choice

If a country's real GDP per capita in 1950 was $10,000, and it grew to $20,000 by year 2000, then the country's annual growth rate during this period would have been approximately:


A) 1.4%.
B) 1.8%.
C) 2%.
D) 2.2%.

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