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On the accompanying graph, illustrate (A) nominal per capita GDP and (B) real per capita GDP for each year. (The necessary data appear on the endpapers of this book.)

a) By what percentage did nominal per capita GDP increase in the 1990s?

b) By what percentage did real per capita GDP increase in the 1990s?

c) In how many years did nominal per capita GDP decline?

d) In how many years did real per capita GDP decline?

The Macro Economy Today13th Edition

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91273709

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