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Use the information on United State real GDP below to compute real GDP per person for each year. Then use these numbers to calculate the percentage (%) raise in real GDP per person from 1987 to 2005.
Year Real GDP (2000 prices) Population
1987 $6,435,000 million 243 million
2005 $11,092,000 million 296.6 million

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9293566

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