If a country's population grows at the same rate as its real GDP, then real per capita GDP:
A) grows at an increasing rate.
B) grows at a constant rate.
C) doesn't change.
D) decreases at a decreasing rate.
E) decreases at a constant rate.

Question

Quizplus · Accepted Answer

If the population and real GDP grow at the same rate, the real GDP per capita remains constant because the increase in GDP is exactly offset by the increase in population.

If a Country's Population Grows at the Same Rate as Its