The following table shows the GDP per capita of country X for 3 years. Year GDP per capita 2015 $1,500 2016 $1,686.75 2017 $1,949.04 Refer to the table above. At what rate did the country grow between 2015 and 2016? Question 9 options: 12.45 percent 15.95 percent 16.33 percent 18 percent

The following table shows the GDP per capita of country X for 3 years. Year GDP per capita 2015 $1,500 2016 $1,686.75 2017 $1,949.04 Refer to the table above. At what rate did the country grow between 2015 and 2016? Question 9 options: 12.45 percent 15.95 percent 16.33 percent 18 percent

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 33P: An economy starts off with a GDP per capital of 12,000 euros. How large will the GDP per capita be...

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