Chapter20: Growth And Less Developed Countries
Section: Chapter Questions
Problem 19SQ
Related questions
Question
Calculate the growth rate of real
The table shows real GDP and population, both in billions. Give answers to two
decimal places.
Year 1 Year 2 Year 3 Year 4 Year 5
Real GDP 6,500 6,750 7,110 7,260 7, 622
Population 0.250 0.253 0.256 0.258 0.262
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