When a country's real GDP is increasing at a faster rate than its population,
A)per capita GDP will be rising.
B)per capita GDP will be falling.
C)per capita GDP will remain constant.
D)none of the above.

Question

Quizplus · Accepted Answer

When a country's real GDP is increasing at a faster rate than its population, the per capita GDP will be rising because there is more output per person. This means that each person on average is better off and the economy is growing in a healthy manner.

When a Country's Real GDP Is Increasing at a Faster