If The rate of growth of real GDP is 4 and the rate of growth of the population is 1. The rate of growth of per capita real GDP is .?

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1252698

2026-04-17 16:20

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To find the rate of growth of per capita real GDP, you subtract the population growth rate from the growth rate of real GDP. In this case, 4% (real GDP growth) minus 1% (population growth) equals 3%. Therefore, the rate of growth of per capita real GDP is 3%.

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