In Vidalia,real GDP increased by 6% and the population increased by 9% in 2012.In 2012,Vidalia experienced
A)economic growth,but not an increase in living standards.
B)economic growth and an increase in living standards.
C)no economic growth,but an increase in living standards.
D)an economic decline.

Question

Quizplus · Accepted Answer

Real GDP per capita decreased because the population growth rate (9%) exceeded the real GDP growth rate (6%), indicating economic growth but not an increase in living standards.

In Vidalia,real GDP Increased by 6% and the Population Increased