During a Federal Election Campaign, the Incumbent Argues That He

Multiple Choice

During a federal election campaign, the incumbent argues that he should be re-elected because GDP grew by 12 percent during his four-year term in office. You know that population grew by 4 percent over the period, and that the GDP deflator increased by 6 percent during the past four years. What can you conclude about real GDP per person?

A) It grew by more than 12 percent.
B) It grew, but by less than 12 percent.
C) It was unchanged.
D) It decreased.