If the Rate of Growth of Output Is 10% and the Rate

question 17

Multiple Choice

If the rate of growth of output is 10% and the rate of growth of per capita real GDP is 6%, what is the rate of growth of population?

• A) 2
• B) 4
• C) 6
• D) 8

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Definitions:

Cheques

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer.