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Question
The population in the current year is 31.5 million and the real GDP is $814 million. The previous year's statistics were a population of 31 million and a real GDP of $800 million. The change in the standard of living, measured by growth in real GDP per person, isA) 1.6 percent.
B) 7.75 percent.
C) 0.13 percent.
D) 6 percent.
E) 0 percent.
Answer
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Related questions
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E) the population keeps growing.
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