Based on the Real GDP growth rate and the annual rate of population growth, the rate of growth per capita real GDP is 4%
What is the growth rate for Real GDP per capita?
This can be solved for by the formula:
= Growth rate of real GDP - Population growth rate
Solving gives:
= 7% - 3%
= 4%
Find out more on real GDP growth rate at https://brainly.com/question/15694733
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