The Real GDP for a country is $450 million in 2020. The population of the country is 125 million as of 2020. In 2010, the GDP was 4% lower, and the population was 115 million. What did the Real GDP per capita do: Increased Decreased Stayed constant May have increased, decreased, or remained constant

MACROECONOMICS FOR TODAY
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ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter20: Growth And Less Developed Countries
Section: Chapter Questions
Problem 19SQ
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The Real GDP for a country is $450 million in 2020. The population of the country is 125 million as of 2020. In 2010, the GDP was 4% lower, and the population was 115 million. 

The Real GDP for a country is $450 million in 2020. The population of the country is
125 million as of 2020. In 2010, the GDP was 4% lower, and the population was 115
million.
What did the Real GDP per capita do:
Increased
Decreased
Stayed constant
May have increased, decreased, or remained constant
Transcribed Image Text:The Real GDP for a country is $450 million in 2020. The population of the country is 125 million as of 2020. In 2010, the GDP was 4% lower, and the population was 115 million. What did the Real GDP per capita do: Increased Decreased Stayed constant May have increased, decreased, or remained constant
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