If real per capita Gross Domestic Product (GDP) grows at a constant annual rate of 4 percent and the annual population growth rate increases from 1 percent to 2 percent, the annual rate of growth of per capita real GDP will
A) increase. B) decrease.
C) remain unchanged. D) increase or decrease depending.
B
Economics
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Which of the following is a deficit item in the U.S. current account?
A) Toyota builds a new plant in California. B) Many U.S. residents who previously had not traveled abroad decide to make Mexico a tourist destination. C) A Saudi Arabian prince builds six new homes in California. D) Sony buys a new film studio in Florida.
Economics
The "Four Freedoms" do NOT include the right to
A) vote in local elections. B) migrate within the EU. C) write insurance policies throughout the EU. D) open bank accounts anywhere in the EU.
Economics