If a nation's population grows, then,
A) there must be an increase in real GDP per person.
B) growth in real GDP per person will be greater than the growth of real GDP.
C) there can be no economic growth.
D) growth in real GDP per person will be less than the growth of real GDP.
Correct Answer:
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Q1: Suppose a country is producing $20 million
Q3: Suppose a nation's population grows by 2
Q4: The Rule of 70 is used to
A)
Q4: If real GDP per person is growing
Q6: In 2005, Armenia had a real GDP
Q7: In 2005, Armenia had a real GDP
Q8: Which of the following is used to
Q9: The best definition for economic growth is
A)
Q10: We are interested in long- term growth
Q11: In 2005, Armenia had a real GDP
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