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The real GDP in 2020 was $29,000 . Using the real GDP in 2021 you calculated above in (i), Calculate the Island's real GDP growth
The real GDP in 2020 was $29,000. Using the real GDP in 2021 you calculated above in (i), Calculate the Island's real GDP growth rate between 2020 and 2021 and explain what it means.
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
6th edition
132831007, 978-0132831000
