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Last Year Real GDP in the Imaginary Nation of Nylon

Question 50

Multiple Choice

Last year real GDP in the imaginary nation of Nylon was 435.0 billion and the population was 2.6 million. The year before, real GDP was 380.0 billion and the population was 2.3 million. What was the growth rate of real GDP per person during the year?


A) 14.5 percent
B) 0.01 percent
C) 1.01 percent
D) 1.3 percent

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