Compared to the growth rate of GDP per worker, the growth rate of aggregate GDP

Question

Compared to the growth rate of GDP per worker, the growth rate of aggregate GDP is higher than the growth rate of GDP per worker is lower than the growth rate of GDP per worker can be higher or lower than the growth rate of GDP per worker depending on the population growth rate is equal to the growth rate of GDP per worker QUESTION 9 Which of the following is correct? GDP C++G+Net Factor Payments From Abroad GDP Factor Payments From Abroad GNP Factor Paymentsto Abroad GNP GDP - Net Factor Payments From Abroad GNP National Income Net Factor Payments from Abroad

Explanation / Answer

8.

can be higher or lower than the growth rate of GDP per worker depending on the population growth rate

The above should be answer..

because when population growth rate is negative then per capita growth will be higher than the GDP growth rate and vice versa.

9.

The correct equation for the GNP=GDP+factor payments from abroad-factor payments to abroad

so correct answer is the second option.

The above should be the answer....

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.