Reddy Bhaskara Rao posted an Question
August 12, 2021 • 08:51 am 30 points
  • UGC NET
  • Economics

In a hypothetical economy, the rate of growth of nominal gdp is 15 percent per annum, the annual rate of growth of gdp deplater is 5percent. if the population i

In a hypothetical economy, the rate of growth of nominal GDP is 15 percent per annum, the annual rate of growth of GDP deplater is 5percent. If the population is growing at the rate of growth of 2percent per annum, what will be the annual rate of growth of per captia real GDP?

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