Solved

If Real GDP Grows at a Rate of 6 Percent

Question 144

Multiple Choice

If real GDP grows at a rate of 6 percent and population grows at a rate of 2 percent,then real GDP per person grows at a rate of


A) 4 percent.
B) 2 percent.
C) 0.5 percent.
D) -3 percent.
E) 8 percent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents