Suppose a Country's Real GDP Increased 3 Percent Between 2016

question 59

Multiple Choice

Suppose a country's real GDP increased 3 percent between 2016 and 2017, while its population increased 2 percent. Between 2016 and 2017, real GDP per capita of this country

• A)increased by 5 percent.
• B)increased by 1percent.
• C)decreased by 5 percent.
• D)decreased by 1 percent.
• E)remained the same.

---

Definitions:

Poverty Levels

The economic condition in which people have income so low that they cannot maintain a standard of living considered acceptable in their society.

Poverty Line

A set financial threshold defined by governments or organizations, below which individuals or families are considered to be living in poverty.

Government Assistance

Financial aid or support services provided by the government to individuals or organizations in need, which may include welfare, healthcare, housing, and educational subsidies.

Cost of Living

The amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare.