Country X has experienced GDP growth of 2 percent and a population growth of 3 percent. What is this country's growth of per capita real GDP?

Name: Country X has experienced GDP growth of 2 percent and a population growth of 3 percent. What is this country's growth of per capita real GDP?
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Question

Quizplus · Accepted Answer

Per capita real GDP growth is calculated by subtracting the population growth rate from the GDP growth rate. In this case, 2 percent (GDP growth) - 3 percent (population growth) = -1 percent.

Country X Has Experienced GDP Growth of 2 Percent and a Population