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If Real GDP Per Capita in Canada Is $8,000 in 2018

Question 112

Multiple Choice

If real GDP per capita in Canada is $8,000 in 2018, and if real GDP per capita is $12,000 in 2028, what is the average annual growth rate of GDP per capita between 2018 and 2028?


A) 3.33%
B) 8.45%
C) 15%
D) 33%
E) 50%

Correct Answer:

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