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Business, 06.05.2020 06:15 zakiraboo94

Country D and Country E both recorded an increase in real GDP of 4 percent per year from 1997 to 2012. During this time, the population for Country D grew at 3 percent per year and the population for Country E grew at 2 percent. Which of the following is true during this period?

a. Per capita GDP decreased for both Country D and Country E.
b. Per capita GDP increased for both Country D and Country E.
c. Per capita GDP increased for Country D only.
d. Per capita GDP decreased for Country E only.

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