If a country's rate of population growth increases faster than its real GDP growth, the country's standard of living will decline.

Name: If a country's rate of population growth increases faster than its real GDP growth, the country's standard of living will decline.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

If the population growth rate outpaces the rate of real GDP growth, there will be less resources available per person, leading to a decline in the standard of living.

If a Country's Rate of Population Growth Increases Faster Than