If real GDP per capita is increasing, real output is:
A)growing less rapidly than the population.
B)growing more rapidly than the population.
C)growing at the same rate as the population.
D)growing more rapidly than are prices.

Question

If real GDP per capita is increasing, real output is:
A)​growing less rapidly than the population.
B)​growing more rapidly than the population.
C)​growing at the same rate as the population.
D)​growing more rapidly than are prices.

Quizplus · Accepted Answer

Real GDP per capita measures the real output per person in a country. If it is increasing, it means that the real output is growing faster than the population, i.e., the country is producing more goods and services per person than before.

If Real GDP Per Capita Is Increasing, Real Output Is