An emerging country has a real GDP of $1532.8 billion. After one year, real GDP has grown to $1.640 x 10³ billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number. Macmillan Learning growth rate: de
An emerging country has a real GDP of $1532.8 billion. After one year, real GDP has grown to $1.640 x 10³ billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number. Macmillan Learning growth rate: de
Chapter16: Economic Growth
Section: Chapter Questions
Problem 12E
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Question
![An emerging country has a real GDP of $1532.8 billion. After one year, real GDP has grown to $1.640 x 103³ billion..
percentage terms, what is the growth rate? Please round your answer to the nearest whole number.
Macmillan Learning
growth rate:
de](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F04f13172-80bc-4f0b-849e-bbea6319380f%2Ffe0b82a6-4ef7-4ac0-96e3-b72e807591f4%2F2gbuc3c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An emerging country has a real GDP of $1532.8 billion. After one year, real GDP has grown to $1.640 x 103³ billion..
percentage terms, what is the growth rate? Please round your answer to the nearest whole number.
Macmillan Learning
growth rate:
de
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