Multiple Choice
In 2018, Freedonia had a population of 2700 and real GDP of about $1,080,000. In 2017, it had a population of 2500 and real GDP of about $1,000,000. What was the approximate growth rate of real GDP per person in Freedonia between 2017 and 2018?
A) 0 percent
B) 2.5 percent
C) 5 percent
D) 7.5 percent
Correct Answer:
Verified
Correct Answer:
Verified
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