Solved

If Per Capita Output Increases by 5 Percent and Output

Question 64

Multiple Choice

If per capita output increases by 5 percent and output grows by 3 percent, the population must be:

A) falling at a rate of 8 percent.
B) falling at a rate of 2 percent.
C) increasing at a rate of 2 percent.
D) increasing at a rate of 8 percent.

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