Author Question: What is the annual rate of growth of per capita real GDP if real GDP grows at a constant rate of 4 ... (Read 162 times)

rayancarla1 · **on:** Jun 30, 2018

What is the annual rate of growth of per capita real GDP if real GDP grows at a constant rate of 4 percent per year and the annual rate of population growth is 3 percent?

A) 1 percent B) 3 percent C) 87 percent D) 4 percent

Question 2

If the quantity of credit supplied in a market exceeds the quantity of credit demanded in the market:

A) the unemployment rate tends to rise. B) the real rate of interest tends to rise.
C) the rate of inflation tends to fall. D) the real rate of interest tends to fall.