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If real GDP rises by seven percent but population rises by nine percent, what can be said about real output per person?

Answer and explanation

Correct answer: यह घटने की संभावना है

Real output per person equals real GDP divided by population. Using the growth rates, the approximate change is (1.07/1.09) − 1, which is about −1.8 percent. Since population grows faster than real output, real output per person falls, making option B correct. Options C and D are mathematically impossible, while A contradicts the comparison of growth rates.

Related tags

Real GdpPopulation GrowthPer Capita OutputGdp And WelfareNational Income And Related AggregatesEconomicsClass 11 Mcq

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