If real GDP increases from $5 billion to $5.25 billion and the population increases from 2 million

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If real GDP increases from $5 billion to $5.25 billion and the population increases from 2 million to 2.02 million, real GDP per person increases by ________ percent.

A. 5.0 B. 1.0 C. 2.5 D. 4.0

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Essential Foundations Of Economics

ISBN: 9781786633255

8th Edition

Authors: Robin Bade, Michael Parkin

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