EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

National Income Aggregates & GDP · Question 68 of 69

Question 68

MediumOriginal question

A country's real GDP rose by 6% and its population by 2% in a year. Its real GDP per head rose by about

Options for question 68

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Growth of per capita GDP ≈ growth of GDP − growth of population.

  2. ≈ 6 − 2 = 4%.

Concept
Per capita growth
Typical time
70 s
Your time
—
The rule this testsGDP and welfare
Practise this chapter →

Ten questions from National Income Aggregates & GDP, at your own pace.

Practise this chapter →

Ten questions from National Income Aggregates & GDP, at your own pace.

Practise this chapterAll 69 questions in National Income Aggregates & GDPRevise the notes for National Income Aggregates & GDP