If national real GDP grows at twice the rate of population growth,

Question

Quizplus · Accepted Answer

When national real GDP grows at twice the rate of population growth, it means that real GDP per capita is growing. Therefore, real per capita GDP growth will be positive. Option B is incorrect as there is no such thing as "too much GDP." Option C is incorrect as real per capita GDP will not double each year. Option D is incorrect as real per capita GDP will not be reduced by half each year.

If National Real GDP Grows at Twice the Rate of Population