Multiple Choice
If, in some European country, real GDP/person in 2011 is €18,073 and real GDP/person in 2012 is €18,635, what is the growth rate of real output per person over this period?
A) 2.0 per cent
B) 3.1 per cent
C) 18.0 per cent
D) 18.6 percent
E) 5.62 per cent
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q42: Which of the following statements regarding the
Q43: Countries like South Korea and Singapore have
Q44: If 10 farmers generate €500,000 in real
Q45: An increase in the rate of saving
Q48: Once a country is wealthy,<br>A) it no
Q51: Our standard of living is most closely
Q82: Thomas Malthus's predictions turned out to be
Q101: What is the difference between human capital
Q146: What is a production function? Write an
Q176: In addition to investment in physical and