Asked by
Keyana Gilbert
on Nov 25, 2024Verified
If population is expanding at the same rate as real output,
A) real per capita output will increase.
B) real per capita output will decrease.
C) real per capita output will remain unchanged.
D) living standards will increase.
Real Per Capita Output
The total real output of an economy divided by the population, measuring the average economic output per person in real terms, adjusted for inflation.
Real Output
The quantity of goods and services produced, adjusted for inflation, reflecting the actual productivity of an economy.
- Investigate the influence of comparative rates of population and economic growth on individual income levels and quality of life.
Verified Answer
DL
Learning Objectives
- Investigate the influence of comparative rates of population and economic growth on individual income levels and quality of life.