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plz explain, thx! Eta '13 155%: Suppose that the average annual growth rate of nominal GDP over a period is 5.4% and the average annual

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plz explain, thx!

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Eta '13 155%: Suppose that the average annual growth rate of nominal GDP over a period is 5.4% and the average annual inflation rate over the same period is 2.2%. What is the growth rate of real GDP? Use the exact formula and express your answer in percentage rounded to the nearest first decimal. IE

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