$\begin{array}{c}
Year &GDP& GDP~ deflator& Ponulation \
\hline
2000 & \$ 400 \text { billion } & 100 & 50 \text { million } \
2001 & \$ 600 \text { billion } & 120 & 60 \text { million }
\end{array}$
-Which statement is true?

Question

$\begin{array}{c}
 Year &GDP& GDP~ deflator& Ponulation \
\hline
2000 & \$ 400 \text { billion } & 100 & 50 \text { million } \
2001 & \$ 600 \text { billion } & 120 & 60 \text { million }
\end{array}$
-Which statement is true?

Quizplus · Accepted Answer

Per capita GDP in 2000 is $ \frac{\$400 \text{ billion}}{50 \text{ million}} = \$8,000 $. In 2001, it is $ \frac{\$600 \text{ billion}}{60 \text{ million}} = \$10,000 $. The increase from \$8,000 to \$10,000 is 25%.

-Which Statement Is True? A)Per Capita GDP Fell

-Which Statement Is True?
A)Per Capita GDP Fell