Multiple Choice
In 2014,Freedonia had a population of 2700 and real GDP of about $1,080,000.In 2013,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 2013 and 2014?
A) 0 percent
B) 2.5 percent
C) 5 percent
D) 7.5 percent
Correct Answer:
Verified
Correct Answer:
Verified
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