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Suppose a Nation's Population Grows by 2 Percent And, at the Same

Question 370

Multiple Choice

Suppose a nation's population grows by 2 percent and, at the same time, its GDP grows by 5 percent. Approximately how fast will real GDP per person increase?


A) 2 percent per year
B) 3 percent per year
C) 5
D) 10 percent per year

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