Question 1
In Ansonia, real GDP increased by 9% and the population increased by 9% in 2017. In 2017, Ansonia experienced
◦ economic growth, but not an increase in living standards.
◦ economic growth and an increase in living standards.
◦ no economic growth, but an increase in living standards.
◦ no economic growth and no increase in living standards.
Question 2
In Chrysalis, real GDP
decreased by 3% and the population
decreased by 10% in 2017. In 2017, Chrysalis experienced
◦ economic growth, but not an increase in living standards.
◦ economic growth and an increase in living standards.
◦ no economic growth, but an increase in living standards.
◦ no economic growth and no increase in living standards.