Economics 2281 · O Level · Economic growth

Economic growth — practice question

During one specific year, South Sudan's population growth stood at $1.3\%$ and its GDP growth was $2\%$. What is the most probable consequence of this?

  • AGDP per capita will decrease
  • Bthe rate of inflation will decrease
  • Cthe standard of living will increase
  • Dunemployment will increase

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