in a given year, suppose the real gdp per capita growth rate is 3.8 percent, the inflation rate is 2 percent, and the population growth rate is 1.2 percent. what is the nominal gdp growth rate?



Answer :

in a given year, suppose the real GDP per capita growth rate is 3.8 percent, the inflation rate is 2 percent, and the population growth rate is 1.2 percent. the nominal GDP growth rate is 7.0%.

In linguistics, the time period nominal refers to a category used to group together nouns and adjectives based totally on shared houses. The incentive for nominal grouping is that in many languages nouns and adjectives proportion a number of morphological and syntactic homes. The systems utilized in such languages to reveal agreement may be categorised extensively as gender structures, noun class structures or case marking, classifier systems, and combined systems.[1] usually an affix associated with the noun appears connected to the alternative elements of speech within a sentence to create settlement. Such morphological settlement usually occurs in components in the noun word, such as determiners and adjectives. Languages with overt nominal agreement vary in how and to what volume agreement is required.

Learn more about nominal here

https://brainly.com/question/4823744

#SPJ1