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Country A and Country B both recorded an increase in real GDP of-(Answered)

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Question

Country A and Country B both recorded an increase in real GDP of 5 percent per year from 1980 to 2012. During this time, the population for Country A grew at 6 percent per year and the population for Country B grew at 4 percent. Which of the following is true during this period?


Select one:

a. Per capita GDP was the same for both Country A and Country Bb. Per capita GDP decreased for Country B onlyc. Per capita GDP decreased for both Country A and Country B.d. Per capita GDP decreased for Country A only


 

Paper#9255729 | Written in 27-Jul-2016

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