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

Question

Quizplus · Accepted Answer

Ongoing economic growth in real GDP per person is primarily driven by factors that increase productivity and efficiency, such as investment in human capital, the discovery of new technologies, and saving and investment in new capital. Population growth, on its own, does not ensure growth in real GDP per person; it can even dilute capital and resources if not accompanied by proportional increases in productivity and investment.

Ongoing Economic Growth in Real GDP Per Person Requires All