Author Question: The gap between real GDP per person in Africa and real GDP per person in the United States has been ... (Read 113 times)

saraeharris · **on:** Jun 29, 2018

The gap between real GDP per person in Africa and real GDP per person in the United States has been

A) increasing.
B) decreasing.
C) remaining fairly constant.
D) there is no gap in real GDP per person between Africa and the United States.

Question 2

The real interest rate

A) can never be negative.
B) is approximately equal to the nominal interest rate plus the inflation rate.
C) is approximately equal to the nominal interest rate minus the inflation rate.
D) is positively related to the inflation rate.