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If a Country Experiences a Real GDP Growth Rate of 1

Question 3

Multiple Choice

If a country experiences a real GDP growth rate of 1 per cent and population growth of 2 per cent, then the growth rate of real GDP per person is


A) 2 per cent.
B) 0 per cent.
C) 3 per cent.
D) 1 per cent.
E) -1 per cent.

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