If the population increase in India is smaller than the increase in Indian real GDP, then GDP per capita will
A)decrease.
B)increase.
C)remain constant.
D)increase more slowly than real GDP.

Question

Quizplus · Accepted Answer

GDP per capita is calculated by dividing the real GDP by the total population. If the population increase in India is smaller than the increase in real GDP, then the GDP per capita will increase because the economy is producing more goods and services per person.

If the Population Increase in India Is Smaller Than the Increase