Multiple Choice
Suppose a country's output is $440 billion and its population is 110 million. Now suppose that both its output and its population increase by 24 percent. As a result of these changes, its new level of per capita output will be:
A) $400.
B) $440.
C) $4,000.
D) $4,400.
Correct Answer:
Verified
Correct Answer:
Verified
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