QUESTION 12

v Question Completion Status: : (5 Moving to another question will save this response, Question 12 1 points Save Answer Choose the statement that is incorrezt O The return to full employment in an expansion phase of the business cycle is economic growth. 0 The standard of living depends on real GDP per person, 0 The growth rate of real GDP per person can be calculated approximately by subtracting the population growth rate from the real GDP growth rate. 0 Real GDP per person grows only if real GDP grows faster than the population grows. 0 Real GDP increases when the economy returns to full employment in an expansion phase of the business cycle r\" [5 Moving to another question will save this response,