Author Question: The rate of growth in real GDP minus the rate of growth of the population is the A) rate of ... (Read 184 times)

panfilo · **on:** Jun 30, 2018

The rate of growth in real GDP minus the rate of growth of the population is the

A) rate of growth of nominal GDP. B) population growth rate.
C) rate of growth of per capita real GDP. D) unemployment rate.

Question 2

If real per capita Gross Domestic Product (GDP) grows at a constant annual rate of 4 percent and the annual population growth rate increases from 1 percent to 2 percent, the annual rate of growth of per capita real GDP will

A) increase. B) decrease.
C) remain unchanged. D) increase or decrease depending.