In 2016 a nations population was 10 million its nominal gdp, Ask an Expert

Economics

In 2016, a nation's population was 10 million. Its nominal GDP was $40 billion, and its price index was 100. In 2017, its population had increased to 12 million, its nominal GDP had risen to $57.6 billion, and its price index had increased to 120. What was the nation's economic growth rate during the year?

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Business Economics, Economics

Category:- Business Economics
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