Multiple Choice
If real GDP grows at a rate of 6 percent and population grows at a rate of 2 percent,then real GDP per person grows at a rate of
A) 4 percent.
B) 2 percent.
C) 0.5 percent.
D) -3 percent.
E) 8 percent.
Correct Answer:

Verified
Correct Answer:
Verified
Q52: The standard of living is measured by<br>A)real
Q53: A condition necessary for a country to
Q54: The population in the current year is
Q55: When all other influences on firms' hiring
Q56: One possible way of achieving faster economic
Q58: Human capital is defined as the<br>A)amount of
Q59: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -The figure above
Q60: The idea that potential GDP is the
Q61: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -The above figure
Q62: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -The table above