How is the economic growth rate measured?
A) Real GDP per capita this year minus real GDP per capita last year multiplied by 100.
B) Real GDP per capita multiplied by the GDP deflator.
C) The increase in real GDP per capita divided by the previous year's real GDP per capita times 100.
D) The increase in real GDP per capita divided by this year's real GDP per capita times 100.
Correct Answer:
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