A rise in population in a country:

Question

Quizplus · Accepted Answer

A rise in population typically increases the size of the labor force, which can increase real GDP. However, if the increase in the labor force is not accompanied by an increase in other factors of production (e.g. capital, technology), real GDP per person may not increase, meaning the standard of living does not necessarily improve. Additionally, an increase in population may lead to overcrowding, overuse of resources, and environmental degradation, which can lead to a downward shift of the aggregate production function.

A Rise in Population in a Country