Question

Year Nominal GDP (billions of current $) Inflation rate Population (millions) 2014 3754 2% 117 2015...

Year Nominal GDP
(billions of current $) Inflation rate Population
(millions)
2014 3754 2% 117
2015 3898 0.5% 120
2016 3919 1% 124
Using the information in the table above, calculate economic growth for 2015. Give your answer to two decimal places.

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