Per capita GDP will always rise when:
A.) The population rises.
B.) The rate of economic growth increases.
C.) There is an increase in the rate at which the economy's labor force grows.
D.) The rate of economic growth exceeds the rate of population growth.
D.) The rate of economic growth exceeds the rate of population growth.
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Georgia's great uncle gave her a $5,000 savings bond as a wedding gift. The bond pays $5,000 at maturity, which is in 10 years. If the interest rate is 4%, the bond has a present value of $ 3,377.82
Indicate whether the statement is true or false
According to Arthur Schlesinger, Jr., government spending
a. may grow more slowly during conservative periods, but will never contract. b. follows a natural cycle of increases during liberal periods and decreases during conservative periods. c. grows at the same rate under both liberal and conservative leadership; only the distribution (defense v. civilian) of the spending changes. d. reflects attempts by political leaders to reject the dominant political ideology of their youth.