Multiple Choice
In 2010,the imaginary nation of Bovina had a population of 5,000 and real GDP of 500,000.In 2011 it had a population of 5,100 and real GDP of 520,200.During 2011 real GDP per person in Bovina grew by
A) 2 percent,which is high compared to average U.S.growth over the last one-hundred years.
B) 2 percent,which is about the same as average U.S.growth over the last one-hundred years.
C) 4 percent,which is high compared to average U.S.growth over the last one-hundred years.
D) 4 percent,which is about the same as average U.S.growth over the last one-hundred years.
Correct Answer:

Verified
Correct Answer:
Verified
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