If the Average Annual Growth Rate in Real GDP for a Nation

question 160

Multiple Choice

If the average annual growth rate in real GDP for a nation during the last decade was 4 percent per year and the average annual population growth rate was 2 percent per year during the same period, then the average annual growth rate of per capita GDP was

• A) 2 percent.
• B) -2 percent.
• C) 6 percent.
• D) 0 percent.

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