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Suppose a Country's Population Grows by 2 Percent a Year

question 80

Multiple Choice

Suppose a country's population grows by 2 percent a year and, at the same time, its real GDP grows by 5 percent a year. Real GDP per person is increasing by ________ a year.


Definitions:

Negative Way

A pessimistic or adverse approach to thinking, feeling, or responding to situations, often focusing on undesirable outcomes.

Depressed

A state of low mood and aversion to activity that can affect a person's thoughts, behavior, feelings, and sense of well-being.

Repressive

Pertaining to the act of restraining, preventing, or inhibiting expressions, thoughts, or behaviors.

Nominal

A term referring to values or categories that are names or labels without a natural order or ranking.

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