The growth rate of real GDP per capita is best captured by:
A) subtracting the percentage changes in both prices and population from the nominal GDP growth rate.
B) subtracting the percentage changes in population from the nominal GDP growth rate,while dividing it by the inflation rate in order to hold prices constant.
C) subtracting the percentage changes in prices from the nominal GDP growth rate.
D) subtracting the percentage changes in population from the nominal GDP growth rate.
Correct Answer:
Verified
Q1: Economic growth means:
A)healthier citizens.
B)wealthier citizens.
C)better-educated citizens.
D)All of
Q2: Creating economic growth:
A)is well understood by macroeconomists.
B)has
Q4: Over the last three centuries,
A)until the 1800s,real
Q5: According to the rule of 70,a country
Q9: Real per capital GDP in the United
Q10: The middle class in China:
A)outnumbers the entire
Q12: We can roughly estimate how long it
Q13: In general, the number of years it
Q19: The purchasing power of the average person
Q39: We can calculate how long a country
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents