What is real GDP per capita? Understand the meaning and significance of real GDP per capita. Learn to calculate GDP Real gross domestic product (GDP) per capita is an economic measure of a nation's standard of living. Learn how the savings rate, population, and productivity factor into real
Real gross domestic product (GDP) per capita is an economic measure of a nation's standard of living. Learn how the savings rate, population, and productivity factor into real A) Suppose an economy's real GDP is $30,000 in year 1 and $31,200 in year 2. What is the growth rate of its real GDP? B) Assume that population is 100 in year 1 and 102 in year
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