Holding Everything Else Unchanged, If a Nation's Output Grows at Approximately

question 133

Multiple Choice

Holding everything else unchanged, if a nation's output grows at approximately 2.4% per year and its population doubles in 45 years, calculate the approximate rate of change in per capita real GDP.

• A) 0.8% per year
• B) 1.6% per year
• C) 2.4% per year
• D) 4% per year

---

Definitions:

Chronic Stress

Chronic Stress is a prolonged and constant feeling of stress that can detrimentally affect one's health or well-being, often resulting from ongoing life pressures.

Nursing Response

The actions or treatments provided by nurses in response to various patient conditions or situations.

Extra Sleep

Additional hours of rest beyond the usual sleep pattern, which can aid in recuperation and improve overall health.

Newly Divorced

A person who has recently ended their marriage through the legal process of divorce, adjusting to life changes.