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Suppose an economy’s real GDP is $46,000 in year 1 and $49,200 in year 2. What is the growth rate of its real GDP?
Instructions: Round your answer to two decimal places.
The growth rate of the economy's real GDP = %
Assume that population is 100 in year 1 and 102 in year 2. What is the growth rate of real GDP per capita?
The growth rate of the economy's real GDP per capita = %
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Contingency Plan 1 is a new process introduced by an international health team that guarantees the removal of pathogenic microorganisms in the town’s water system. Evidence has revealed that Contingency Plan 1 will lower the influenza rate to four ne..
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