The table shows the real GDP and population information for three years for the country of Alta.   Year Real GDP Population 1 $2,000 200 2 2,080 202 3 2,100 210   Between years 1 and 2, real GDP grew by __________ percent in Alta.   Multiple Choice   5   4   3   8

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
Section: Chapter Questions
Problem 32P: An economy starts off with a GDP per capita of 5,000. How large will the GDP per capita be if it...
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The table shows the real GDP and population information for three years for the country of Alta.

 

Year Real GDP Population
1 $2,000 200
2 2,080 202
3 2,100 210

 

Between years 1 and 2, real GDP grew by __________ percent in Alta.

 

Multiple Choice
  •  
    5
  •  
    4
  •  
    3
  •  
    8
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