A country’s real GDP per capita first grows by 10% and then declines by 10%. The final real GDP per capita will be:Group of answer choicesonly nominal real GDP per capita will be unchangedlower than originallyunchangedhigher than originally

Real GDP per capitaMultiple Choicecannot grow more rapidly than real GDP.cannot grow more slowly than real GDP.necessarily grows more rapidly than real GDP.can grow either more slowly or more rapidly than real GDP.

Suppose the GDP deflator was 200 in 2008 and 190 in 2009. In addition, nominal GDP was 1% lower in 2009 than in 2008.  Given this information, the approximate, rate of real GDP growth in 2009 was: Group of answer choices4%6%3%5%

Consider two countries, A and B. Country A has a real GDP per capita of $20 000. Country B has a real GDP per capita of $5000. If Country A grows at an average annual rate of 2% and Country B grows at an average annual rate of 8%, which of the following statements is correct?Group of answer choicesCountry B‘s real GDP will be greater than Country A’s real GDP after 20 yearsCountry B‘s real GDP will be greater than Country A’s real GDP after 10 yearsCountry B‘s real GDP will be less than Country A’s real GDP after 40 yearsCountry B‘s real GDP will be greater than Country A’s real GDP after 30 years

Suppose the GDP deflator was 110 in 2017 and 115 in 2018. If nominal GDP is $100 billion in 2001 and $110 billion in 2002, then the growth rate of real GDP in 2018 is equal toCorrect!  5.2%   -4.3%   5.5%   -0.6%

2018 2019 202024 million 25 million 26 million f. The real GDP per capita in 2018 is $ , in 2019 is $ , and in 2020 is $ . Round your answers below to the nearest dollar.g. The growth rate of real GDP per capita in 2019 is % and in 2020 is %. Enter your responses rounded to one decimal place when needed.