If per capita output falls by 2 percent and population grows by 3 percent, output: Multiple Choice grows by 1 percent. grows by

Question

Lorico [155]

3 years ago

10

If per capita output falls by 2 percent and population grows by 3 percent, output: Multiple Choice grows by 1 percent. grows by

5 percent. falls by 1 percent. falls by 5 percent.

Business

1 answer:

kirill115 [55] · Answer 1 · 2022-01-09T01:27:34+03:00

Answer:

grows by 1 percent.

Explanation:

The Growth rate of per capita output refers to the relationship between the growth rate of output and the growth rate of population i.e by taking the difference between them

In mathematically,

The Growth rate of per capita output = Growth rate of output - a growth rate of population

-2% = growth rate of output - 3%

So, the growth rate of output is 1%.

Therefore it grows by 1%