Suppose That in 2011 Real GDP Grew in Estonia by 3

Multiple Choice

Suppose that in 2011 real GDP grew in Estonia by 3% and that the population increased by 5%.Therefore in 2011, Estonia experienced

A) economic growth, but not an increase in living standards.
B) economic growth and an increase in living standards.
C) no economic growth, but an increase in living standards.
D) no economic growth and no increase in living standards.
E) economic collapse and an increase in living standards.