145k views
4 votes
Suppose that in a certain economy, the growth rate of the population is 1.2 percent and the real GDP growth per capita is 2.1 percent. The real GDP growth rate must be equal to:

User Komizo
by
7.9k points

1 Answer

11 votes

Answer:

3.3 percent. (growth rate of the population + real GDP growth per capita = real GDP growth rate).

Step-by-step explanation:

User Nerian
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories