no
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$50.63
no
If population is growing at 2.5 percent a year-and it is in some of the poorest nations-then a 2.5 percent growth rate of real GDP means no change in living standards. A 3.0 percent growth rate means a gradual rise in living standards. For a wealthy nation, such as the United States, with a GDP in the neighborhood of $10 trillion, the 0.5 percentage point difference between 2.5 and 3.0 percent amounts to $50 billion a year, or more than $150 per person per year
6.7 percent as a rate = 6.7%
No, 0.01 is not written as 0.01% in percent rate. 0.01 in percent rate is 1%.