Author Question: During 2008, Swaziland had a real GDP growth rate of 1.8 percent and a real GDP growth rate per ... (Read 222 times)

go.lag · **on:** Jun 30, 2018

During 2008, Swaziland had a real GDP growth rate of 1.8 percent and a real GDP growth rate per person of -1.3 percent. These rates indicate that in Swaziland

A) the population grew at a faster rate than real GDP.
B) real GDP grew more rapidly than did the population.
C) there was an error when calculating the growth rates because the growth rate of real GDP per person cannot be negative.
D) poverty levels are declining.
E) the population growth rate was negative.

Question 2

Refer to Table 18.1. The opportunity cost of a hat in Russia is

A) 1/3 of a glove. B) 1/2 of a glove. C) 2 gloves. D) 3 gloves.