If the population and GDP increase by the same percentage, then real GDP per capita:
A) stays the same.
B) increases.
C) decreases.
D) may change, but one cannot be sure of the direction.
Correct Answer:
Verified
Q293: If real GDP in country A is
Q294: Education's effect on productivity:
A)is believed to be
Q295: Diminishing returns to physical capital suggests that:
A)at
Q296: Use the following to answer questions :
Figure:
Q297: In the past 30 years, both China
Q299: Historically, development of a new technology often:
A)results
Q300: The value of real GDP divided by
Q301: The convergence hypothesis:
A)apparently applies only to wealthy
Q302: Use the following to answer questions:
Scenario: Capital
An
Q303: Based on historical economic growth, economists have
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