How does a country's GDP factor in determining a country's growth rate, economics homework help

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OyhrBprna

Economics

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How does a country's GDP factor in determining a country's growth rate? Explain and give an example of a country. Cite references.

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Explanation & Answer

A country's growth rate can be looked at as the percent change in GDP. So the change in GDP from one year to the next divided by the initial GDP multip...


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