Suppose the Population of a Country Falls,but Real GDP Remains

question 45

Multiple Choice

Suppose the population of a country falls,but Real GDP remains constant.There is __________ economic growth.

• A) both absolute and per-capita real
• B) absolute, but not per-capita real
• C) per-capita real, but not absolute
• D) neither absolute nor per-capita real

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Definitions:

Employee

An individual who works part-time or full-time under a contract of employment, typically earning a salary or wage.

Customary Compensation

Payment or remuneration that is considered standard or usual for a particular job or service within a specific industry or community.

Timely Manner

Completing tasks or fulfilling obligations within the expected or agreed timeframe.

Duty

An obligation or responsibility legally or morally bound upon an individual, organization, or entity.