Question
The following table shows the nominal GDP and the population of Scotland in 2013 and 2014. Based on this information, which of the following statements
The following table shows the nominal GDP and the population of Scotland in 2013 and 2014. Based on this information, which of the following statements is correct?
year 2013 2014
gdp 139,177,000,00 145,825,000,000
population 5,327,660 5,347,538
a.
The GDP per capita in 2013 was 27,269.56
b.
The growth in the population was enough to offset the rise in the GDP for an overall fall in GDP per capita between 2013 and 2014.
c.
The GDP per capita fell by 4.20% between 2013 and 2014.
d.
The GDP per capita rose by 4.39% between 2013 and 2014.
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