Suppose an economy's real GDP is $100,000 in year 1 and $110,000 in year 2. What is the growth rate of its GDP? Assume t
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Suppose an economy's real GDP is $100,000 in year 1 and $110,000 in year 2. What is the growth rate of its GDP? Assume t
Suppose an economy's real GDP is $100,000 in year 1 and $110,000in year 2. What is the growth rate of its GDP? Assume thatpopulation was 200 in year 1 and 205 in year 2. What is the growthrate in GDP per capita