Per capita GDP will definitely increase if
A)GDP increases more rapidly than population.
B)GDP and population increase at the same rate.
C)Population increases more rapidly than GDP.

Question

Quizplus · Accepted Answer

Per capita GDP is calculated by dividing the GDP by the population. Therefore, if GDP increases more rapidly than population, per capita GDP will increase as well. On the other hand, if population increases more rapidly than GDP, per capita GDP will decrease. Therefore, option A is the best choice.

Per Capita GDP Will Definitely Increase If