Suppose the population of a country falls, but its Real GDP remains constant. As a result, there is __________ economic growth

A) both absolute economic growth and per-capita real
B) absolute economic growth, but not per-capita real
C) per-capita real economic growth, but not absolute
D) neither absolute economic growth nor per-capita real

C

Economics

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If the Fed wished to decrease GDP, it could

A) increase the reserve requirement or conduct an open market sale. B) increase the reserve requirement or conduct an open market purchase. C) decrease the reserve requirement or conduct an open market sale. D) decrease the reserve requirement or conduct an open market purchase.

Economics

Higher the economic freedom in a country, _____

a. lower is the standard of living of the people b. higher is the life expectancy of the people c. greater is the bureaucratic freedom and red-tapism d. lower is the level of access to education due to lack of government schools e. lower is the literacy rate

Economics