in+japan,+real+gdp+per+person+was+$1,667+in+1890+and+$43,279+in+2017.+the+growth+rate+was+2.60%+per+year.+which+of+the+following+is+true?
a.2.60% per year is an average rate of growth for real GDP per person, actual growth each year was much lower.
b.The growth rate of 2.60% per year ignores short-run fluctuations around the long-
run trend.
c.2.60% per year is an average rate of growth for real GDP per person, actual growth each year was much higher.
d. Each year, for 127 years, real GDP per person increased by 2.60%.