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  3. Study Set
    Principles of Macroeconomics
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    Exam 8: Economic Growth
  5. Question
    If the Rate of Growth of Output Is 8% and the Rate
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If the Rate of Growth of Output Is 8% and the Rate

Question 7

Question 7

Multiple Choice

If the rate of growth of output is 8% and the rate of growth of population is 2%, what is the rate of growth of output per capita?


A) 2%
B) 4%
C) 6%
D) 8%

Correct Answer:

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