Solved

Suppose That Real GDP Increases by 5% While the Population

Question 108

Multiple Choice

Suppose that real GDP increases by 5% while the population of a country increases by 7%. Then:


A) Output per person necessarily increases
B) Output per person necessarily decreases
C) Output per person necessarily remains unchanged
D) There is not enough information to determine what happens to output per person

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions