Last year Panglossia had real GDP of 27.0 billion. This year it had real GDP of 31.5 billion. Which of the following changes in population is consistent with a 5 percent growth rate of real GDP per person over the last year?
A)The population decreased from 88 million to 84 million.
B)The population decreased from 75 million to 73 million.
C)The population increased from 45 million to 50 million.
D)The population increased from 60 million to 62 million.

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The Answer of Last year Panglossia had real GDP of 27.0 billion. This year it had real GDP of 31.5 billion. Which of the following changes in population is consistent with a 5 percent growth rate of real GDP per person over the last year?
A)The population decreased from 88 million to 84 million.
B)The population decreased from 75 million to 73 million.
C)The population increased from 45 million to 50 million.
D)The population increased from 60 million to 62 million.

Last Year Panglossia Had Real GDP of 27