Venezuelas real GDP was 57,049 trillion bolivares in 2009 and 56,764 trillion bolivares in 2010. Venezuelas population
Question:
a. The economic growth rate.
b. The growth rate of real GDP per person.
c. The approximate number of years it takes for real GDP per person in Venezuela to double if economic growth returns to its average since 2009 of 3.6 percent a year and is maintained.
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a The economic growth rate is the growth rate of real GDP Between 2009 and 2010 this ...View the full answer
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Related Book For 
Macroeconomics Canada in the Global Environment
ISBN: 978-0321778109
8th edition
Authors: Michael Parkin, Robin Bade
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