During a federal election campaign, the incumbent argues that he should be re-elected because GDP grew by 12 percent during his four-year term in office. You know that population grew by 4 percent over the period, and that the GDP deflator increased by 6 percent during the past four years. What can you conclude about real GDP per person? O a It grew by more than 12 percent. O b. It was unchanged. O c. It grew, but by less than 12 percent. O d. It decreased.

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+ Question 10 of 30 >
During a federal election campaign, the incumbent argues that he should be re-elected because GDP grew by 12 percent during his four-year term in office. You know that population grew by 4 percent over the period,
and that the GDP deflator increased by 6 percent during the past four years. What can you conclude about real GDP per person?
O a It grew by more than 12 percent.
O b. It was unchanged.
Oc. It grew, but by less than
Od. It decreased,
2 percent.
Transcribed Image Text:+ Question 10 of 30 > During a federal election campaign, the incumbent argues that he should be re-elected because GDP grew by 12 percent during his four-year term in office. You know that population grew by 4 percent over the period, and that the GDP deflator increased by 6 percent during the past four years. What can you conclude about real GDP per person? O a It grew by more than 12 percent. O b. It was unchanged. Oc. It grew, but by less than Od. It decreased, 2 percent.
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