Social Studies, 08.10.2019 22:20 camilacarrielh15
Suppose that over the last twenty-five years a country's nominal gdp grew to three times its former size. in the meantime, population grew by 40 percent and prices rose by 100 per-cent. what happened to real gdp per person?
a. it more than doubled.
b. it increased, but it less than doubled.
c. it was unchanged.
d. it decreased.
Answers: 1
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Suppose that over the last twenty-five years a country's nominal gdp grew to three times its former...
Social Studies, 12.07.2019 14:00
Social Studies, 12.07.2019 14:00
Social Studies, 12.07.2019 14:00