In a Given Year, Suppose the Nominal GDP Growth Rate

question 62

Multiple Choice

In a given year, suppose the nominal GDP growth rate is 7 percent, the inflation rate is 2 percent, and the population growth rate is 1.2 percent. What is the real GDP per capita growth rate?

• A) 3.8 percent
• B) 5.0 percent
• C) 5.8 percent
• D) 7.0 percent

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Definitions:

Smooth Muscle Tone

The continuous and passive partial contraction of smooth muscles, which helps maintain functions like blood pressure and digestion.

Action Potentials

Short-lasting events in which the electrical membrane potential of a cell rapidly rises and falls, following a consistent trajectory.

Plasma Membranes

The lipid bilayer surrounding a cell, regulating the passage of substances in and out of the cell.

Muscular Atrophy

The wasting or loss of muscle tissue due to a lack of physical activity, disease, or nutritional deficiency, leading to weakness and reduced muscle mass.