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Last Year Real GDP in the Imaginary Nation of Oceania

Question 38

Multiple Choice

Last year real GDP in the imaginary nation of Oceania was 561.0 billion and the population was 2.2 million.The year before,real GDP was 500.0 billion and the population was 2.0 million.What was the growth rate of real GDP per person during the year?


A) 12 percent
B) 10 percent
C) 4 percent
D) 2 percent

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