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:
Verified
Q139: If real GDP in year 1 is
Q140: Q141: If Country A's real GDP grows at Q142: The Rule of 70 can be used Q143: If Country A's real GDP per person Q145: During 2008,Swaziland had a real GDP growth Q146: The Rule of 70 states that the Q147: According to the Rule of 70,if a Q148: If a country experiences a real GDP Q149: If Country A's real GDP is growing![]()
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