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Mathematics, 23.03.2021 05:30 afolmar2006

Suppose real GDP per capita doubles in 5 years. Annual population growth rate = 2%. Annual inflation rate = 1.5%. Calculate the approximate annual growth rate of nominal GDP. (Round your answer to the nearest 1 decimal place)

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Suppose real GDP per capita doubles in 5 years. Annual population growth rate = 2%. Annual inflation...
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