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2.1 The measurement of macroeconomic performance

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Question 26

During a severe economic downturn, a nation experiences a nominal GDP contraction of 2.1% (a growth rate of -2.1%. Over the same period, the annual inflation rate is recorded at 3.4% and the population grows by 0.8%. What is the approximate percentage change in the country's real GDP per capita?

−4.7%-4.7\%−4.7%

−5.5%-5.5\%−5.5%

+0.5%+0.5\%+0.5%

−6.3%-6.3\%−6.3%

2.1 The measurement of macroeconomic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 The measurement of macroeconomic performance