Multiple Choice
Assume that the real output of a developing nation increases from $120 billion to $140 billion, while its population expands from 100 to 110 million. As a result, real income per capita has increased by about
A) $56 per person.
B) $64 per person.
C) $72 per person.
D) $88 per person.
Correct Answer:
Verified
Correct Answer:
Verified
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