Assume That the Real Output of a Developing Nation Increases

question 200

Multiple Choice

Assume that the real output of a developing nation increases from $120 billion to $140 billion, while its population expands from 100 to 110 million. As a result, real income per capita has increased by about

• A)$56 per person.
• B)$64 per person.
• C)$72 per person.
• D)$88 per person.

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Definitions:

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