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Mathematics, 04.06.2021 04:30 montana53

Nominal GDP in Venezuela has grown rapidly in recent years. But historically, Venezuela is a country that has struggled with inflation rates. The table below gives statistics for Venezuela in a recent year. Nominal GDP growth rate 12.7% GDP deflator growth rate 6.9% Population growth rate 1.1% What was the rate of economic growth for Venezuela? % (Round your answer to the nearest tenth.)

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