Ongoing economic growth in real GDP per person requires all of the following except_________ .

Question

Quizplus · Accepted Answer

Population growth does not necessarily lead to economic growth in real GDP per person, as it may lead to a decline in per capita income if the population grows faster than the economy. The other choices are all necessary factors for ongoing economic growth in real GDP per person. Investment in human capital leads to improvements in labor productivity, saving and investment in new capital increase the economy's productive capacity, and the discovery of new technologies enables more efficient production processes and new products.

Ongoing Economic Growth in Real GDP Per Person Requires All