Multiple Choice
If a nation's real GDP grows at approximately 3.4% per year and its population doubles in 120 years, calculate the approximate rate of change in per capita real GDP.
A) 0.6% per year.
B) 2.8% per year.
C) 3.4% per year.
D) 4% per year.
Correct Answer:
Verified
Correct Answer:
Verified
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