Assume the total real income of a developing country increases from $8.5 billion to $8.5 billion, while its population expands from 14 to 15 million people from one year to the next. Over the year, per capita income has decreased by about $5 per person.   increased by about $1 per person.   decreased by about $46 per person.   increased by about $500 per person.

Assume the total real income of a developing country increases from $8.5 billion to $8.5 billion, while its population expands from 14 to 15 million people from one year to the next. Over the year, per capita income has

• decreased by about $5 per person.
•  

  increased by about $1 per person.
•  

  decreased by about $46 per person.
•  

  increased by about $500 per person.