Assume the Total Real Output of a Developing Country Increases

Multiple Choice

Assume the total real output of a developing country increases from $8 billion to $8.2 billion, while its population expands from 14 to 15 million people from one year to the next. Over the year, per capita income has

A) increased by $25 per person.
B) decreased by $25 per person.
C) increased by $533 per person.
D) decreased by $533 per person.