What is the growth rate of real gdp, Macroeconomics

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What is the growth rate of real gdp

Question: Suppose that the average annual growth rate of nominal GDP over a period is 5.9% and the average annual inflation rate over the same period is 4.2%. What is the growth rate of real GDP? Use the exact formula and express your answer in percentage rounded to the nearest first decimal.

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Macroeconomics: What is the growth rate of real gdp

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