ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Consider the following data for a particular country.
Year 1
Population (Millions) - 400
Real
Year 2
Population ( MIllinois ) - 480
Real GDO ( Trillions of $ ) - 24
Instructions: Enter your answers as a whole number.
a. What is the growth rate of real GDP from year 1 to year 2
-blank percent
b. What is the growth rate of real GDP per capita from year 1 to year 2
-blank percent
Note: Donot given direct answer
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