If Real GDP Grew by 5 Percent in Real Terms

question 18

Multiple Choice

If real GDP grew by 5 percent in real terms during one year and population also grew by 5 percent,it can be stated that

• A)real GDP did not change at all.
• B)GDP did not change at all.
• C)the change in real GDP equaled the change in GDP.
• D)real GDP per capita did not change at all.
• E)purchasing power fell.

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Definitions:

Static

Unchanging, lacking movement, development, or progression, often used to describe inert or stationary conditions.

Integrated

Describes systems, processes, or organizations that have been combined into a whole, ensuring seamless coordination and functionality among disparate elements.

Urban Environment

Refers to the human-made surroundings that provide the setting for human activity, ranging in scale from buildings and parks to neighborhoods and cities that can often include their supporting infrastructure, such as water supply or energy networks.

Common Territory

An area or region shared by a community or group of people, often characterized by shared legal or cultural attributes.