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60. The GDP of a country is growing at 5%, its population growth is 2% and its income
elasticity for food is 0.5. We can expect food demand to grow at
(a) 2.0 percent
(b) 2.5 percent
(c) 3.5 percent
(d) 5-0 percent
I don't know how to approach this question. Please help by providing steps to solve the problem.
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