Given 2010: population , GDP crore; 2020: population , GDP crore. The average (compound annual) growth rate of per-capita GDP over 2010-2020 is ________ (in percent, round off to 2 decimal places).
IIT JAM 2023 Question 44: National income accounting
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Plain-text version
Given 2010: population 20,000, GDP 25,000 crore; 2020: population 25,000, GDP 40,000 crore. The average (compound annual) growth rate of per-capita GDP over 2010-2020 is (in percent, round off to 2 decimal places).
National income accounting has come up 132 times in 6 exams since 2010.
What this question tests
This question is on Real and nominal GDP, part of National income accounting in Macroeconomics.
Separating output growth from price changes and computing real growth rates.
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