### Calculate long-run economic growth for the economy

##### Reference no: EM132014999

Assume you have collected the following data for the economy of Sunny Dayz. Use this data to calculate long-run economic growth for the economy.

Nominal GDP in 2010 was \$450,725 and Nominal GDP in 2018 was \$680,500. Price level grew by 4.6% between 2010 and 2018 and the population grew by 8.4%.

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