If GDP per capita rises by 2% between 2017 and 2018,which of the following is necessarily true?
A)Real GDP has risen by more than 2%.
B)The population has decreased.
C)The population has increased,but by less than 2%.
D)None of the above is necessarily true.

Question

Quizplus · Accepted Answer

While GDP per capita measures the average economic output per person, it does not tell us anything about changes in population or the overall size of the economy (real GDP). Therefore, none of the given choices are necessarily true.

If GDP Per Capita Rises by 2% Between 2017 and 2018,which