Question

If the average annual growth rate in real GDP for a nation during the last decade was 4 percent per year and the average annual population growth rate was 3 percent per year during the same period, then the average annual growth rate of per capita GDP was

A) 1.00 percent.

B) -1.00 percent.

C) 0.75 percent.

D) 1.33 percent.

Answer

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