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    Essential Foundations of Economics Study Set 1
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    Exam 17: Potential Gdp and Economic Growth
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    If a Country Experiences a Real GDP Growth Rate of 1
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If a Country Experiences a Real GDP Growth Rate of 1

Question 166

Question 166

Multiple Choice

If a country experiences a real GDP growth rate of 1 percent and population growth of 2 percent,then the growth rate of real GDP per person is


A) 3 percent.
B) 2 percent.
C) 1 percent.
D) -1 percent.
E) 0 percent.

Correct Answer:

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