Multiple Choice
In 2012, the imaginary nation of Platland had a population of 10,000 and real GDP of 42,000,000. During the year its real GDP per person grew by about 1.94%. Which of the following sets of growth rates is consistent with this growth in real GDP per person?
A) 3% population growth and 4% real GDP growth
B) 3% population growth and 5% real GDP growth
C) 6% population growth and 4% real GDP growth
D) 6% population growth and 5% real GDP growth
Correct Answer:

Verified
Correct Answer:
Verified
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