What was the growth rate of real gdp per person, Microeconomics

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What was the growth rate of real gdp per person

In 2007, the imaginary nation of Freedonia had a population of 2,700 and real GDP of 16,200,000. In 2008 it had a population of 2,500 and real GDP of 14,640,000. What was the growth rate of real GDP per person in Freedonia between 2007 and 2008?

Select one or more:

5.2 percent
-0.7 percent
-2.4 percent
4.4 percent

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Microeconomics: What was the growth rate of real gdp per person

Reference No:- TGS045057

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : How much consumer surplus is created

Q : Determining total asset turnover and return on equity ratios

Q : Prepare the income statement

Q : Overhead cost as a percent of direct labor

Q : What was the growth rate of real gdp per person

Q : Computing the company debt ratio

Q : Compute the cash balance at the end of the first year

Q : Explain kind of strategic situation

Q : Critique target capital-budgeting system

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What was the growth rate of real gdp per person

Reference No:- TGS045057

Recent Questions Asked Microeconomics

Q : How much consumer surplus is created

Q : Determining total asset turnover and return on equity ratios

Q : Prepare the income statement

Q : Overhead cost as a percent of direct labor

Q : What was the growth rate of real gdp per person

Q : Computing the company debt ratio

Q : Compute the cash balance at the end of the first year

Q : Explain kind of strategic situation

Q : Critique target capital-budgeting system

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