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Suppose an economy's real GDP is $50,000 in year 1 and $55,000 in year 2. Assume that population was 100 in year 1 and 105
Suppose an economy's real GDP is $50,000 in year 1 and $55,000 in year 2. Assume that population was 100 in year 1 and 105 in year 2. How do I find what the growth rate in GDP per capita?
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