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Author Question: The rate of growth in real GDP minus the rate of growth of the population is the A) rate of ... (Read 118 times)

panfilo

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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.


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macagn

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


panfilo

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

jojobee318

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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