If Denmark's output increases by 6 percent while its population rises by 2 percent,Denmark's per capita output will rise.
Correct Answer:
Verified
Q3: The higher opportunity cost of obtaining an
Q4: Economies of large-scale production may exist in
Q5: Hong Kong and Japan have achieved relatively
Q6: Free trade can promote greater output because
Q7: As savings grow in an economy, economic
Q10: In developing countries, the opportunity cost of
Q12: Brazil has a relatively low income per
Q25: A technological advance may come in either
Q104: How can increased investment help a country
Q124: What is the relationship between savings, capital
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents