Question
Alphaland has a 4 percent annual growth rate of real GDP and a 2 percent annual rate of population growth. The growth rate of real
Alphaland has a 4 percent annual growth rate of real GDP and a 2 percent annual rate of population growth.
The growth rate of real GDP per capita for Alphaland is ______%
Betaville has a 6 percent annual growth rate of real GDP and a 5 percent annual rate of population growth.
The growth rate of real GDP per capita for Betaland is _______%.
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Calculus For Business, Economics And The Social And Life Sciences
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
11th Brief Edition
978-0073532387, 007353238X
