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Suppose GDP Per Capita Is $2,500 in 1912 and $2,550

Question 27

Multiple Choice

Suppose GDP per capita is $2,500 in 1912 and $2,550 in 1913.The growth rate of GDP per capita from 1912 to 1913 is ________.

A) 0.02 percent
B) 2 percent
C) 5 percent
D) 50 percent

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