As long as GDP growth is Blank______ population growth, a country will experience an increase in per capita GDP.Multiple choice question.less thanequal togreater
Question
As long as GDP growth is Blank______ population growth, a country will experience an increase in per capita GDP.Multiple choice question.less thanequal togreater
Solution
To determine the correct answer, we need to understand the relationship between GDP growth and population growth in the context of per capita GDP. Per capita GDP is calculated by dividing the total GDP by the population.
- If GDP growth is less than population growth, the GDP per capita will decrease because the GDP is not increasing as fast as the population.
- If GDP growth is equal to population growth, the GDP per capita will remain the same because the increases in GDP and population cancel each other out.
- If GDP growth is greater than population growth, the GDP per capita will increase because the GDP is increasing faster than the population.
Given this analysis, the correct answer is:
greater
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