Growth in GDP per capita is attained when
A)There is growth in population.
B)There is growth in output.
C)The growth of output exceeds population growth.

Question

Quizplus · Accepted Answer

Growth in GDP per capita is attained when the growth of output exceeds population growth. This means that there is an increase in the output per person, resulting in higher per capita income, which is a key indicator of economic growth. A high population growth rate, without a corresponding increase in output, can lead to a decrease in per capita income, resulting in a stagnant or declining economy. Therefore, option C is the correct choice.

Growth in GDP Per Capita Is Attained When