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In 2006 Real GDP in the Imaginary Nation of Populia

Question 84

Multiple Choice

In 2006 real GDP in the imaginary nation of Populia was 750 billion and the population was 3 million.In 2007 real GDP was 907.5 billion and the population was 3.3 million.What was the growth rate of real GDP per person during the year?


A) 10 percent
B) 14 percent
C) 17 percent
D) 21 percent

Correct Answer:

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