If a Country Experiences a Real GDP Growth Rate of 1

question 23

Multiple Choice

If a country experiences a real GDP growth rate of 1 per cent and population growth of 2 per cent, then the growth rate of real GDP per person is

• A) 2 per cent.
• B) 0 per cent.
• C) 3 per cent.
• D) 1 per cent.
• E) -1 per cent.