The following table shows economic data for two countries.

-Refer to the table above.During the next 2 years,GDP per capita remains constant in Country A.Population and GDP do not remain constant.Under which of the following growth rate scenarios is this possible?
A) 2 percent GDP growth and 2 percent population growth
B) 1 percent GDP growth and 2 percent population growth
C) 2 percent GDP growth and 2 percent population decrease
D) 1 percent GDP decrease and 1 percent population growth

Question

The following table shows economic data for two countries.
 
-Refer to the table above.During the next 2 years,GDP per capita remains constant in Country A.Population and GDP do not remain constant.Under which of the following growth rate scenarios is this possible?
A) 2 percent GDP growth and 2 percent population growth 
B) 1 percent GDP growth and 2 percent population growth 
C) 2 percent GDP growth and 2 percent population decrease 
D) 1 percent GDP decrease and 1 percent population growth

Quizplus · Accepted Answer

GDP per capita is calculated as GDP divided by the population. If both GDP and population grow at the same rate, the ratio (GDP per capita) remains constant. Scenario A, with both GDP and population growing at 2 percent, meets this condition.

The Following Table Shows Economic Data for Two Countries