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Consider Table 18-1. Based on the basic arithmetic of economic growth, what were the average annual rates of real GDP growth since 1990 for those nations experiencing positive rates of annual growth of per capita real GDP?

Short Answer

Expert verified

the average annual rates of real GDP growth since 1990for those nations experiencing positive rates of annual growth of per capita real GDP are shown in the table

Step by step solution

01

Given Information

GDP is the standard proportion of the worth added made through the development of labour and products in a country during a specific period. Accordingly, it additionally gauges the pay acquired from that creation or the aggregate sum spent on definite labour and products.

02

Explanation

the average annual rates of real GDP growth since1990 for those nations experiencing positive rates of annual growth of per capita real GDP are shown in the table

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