Question:

Suppose an economy's real GDP is $50,000 in year 1 and $51,200 in?

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Suppose an economy's real GDP is $50,000 in year 1 and $51,200 in

year 2. What is the growth rate of its real GDP?

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1 ANSWERS


  1. 2.40%

    =(51200/50000-1)

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