Environmental Economics Question Answer

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assume-that-the-real-income-of-a-developing-island-increases-from-120000-to-160000-from-2005-to-2006-while-its-population-expands-from-1000-to-1100-during-the-same-period-real-income-per-capita-has-increased-by-about

Assume that the real income of a developing Island increases from $120,000 to $160,000 from 2005 to 2006, while its population expands from 1000 to 1100 during the same period. Real income per capita has increased by about

[A] $145.

[B] $40,000.

[C] $25.

[D] $100.

Answer & Explanation
Answer: Option [C]