By definition, the rate of growth of per capita real income equals the sum of the rate of growth of aggregate real income and the rate of population growth.

Name: By definition, the rate of growth of per capita real income equals the sum of the rate of growth of aggregate real income and the rate of population growth.
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Question

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The rate of growth of per capita real income equals the rate of growth of aggregate real income minus the rate of population growth.

By Definition, the Rate of Growth of Per Capita Real