If population grows faster than GDP, then per capita GDP must fall

Studies and recent experience suggest that there is considerable potential for substitution between doctors and nurses in the production of health care services

Indicate whether the statement is true or false

The relative price of a good is that price

A) expressed in today's dollars. B) expressed in constant 2012 dollars. C) expressed in terms of the price of another good. D) that is equal to the equilibrium price.