The slowdown in the rate of population growth has increased the growth rate in the real per capita GDP for the U.S.

Question

Quizplus · Accepted Answer

The slower rate of population growth means there are fewer people to share the total GDP, which in turn increases the real per capita GDP. This is because the same amount of goods and services are being produced, but with fewer people, each person has a larger share of that production.

The Slowdown in the Rate of Population Growth Has Increased