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    Exam 7: Production and Growth
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    Last Year, Real GDP Per Person in Midlothian Was $8000
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Last Year, Real GDP Per Person in Midlothian Was $8000

Question 127

Question 127

Multiple Choice

Last year, real GDP per person in Midlothian was $8000. The year before, it was $6000. What was the growth rate of real GDP per person?


A) 10 percent
B) 16.2 percent
C) 25 percent
D) 33.33 percent

Correct Answer:

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