If growth in output exceeds growth in population,then GDP per capita increases.

Question

Quizplus · Accepted Answer

GDP per capita is a measure of economic output per person in a country. If the growth in output outpaces the growth in population, then the total output of the country increases at a faster rate than the number of people in the country. This means that each person, on average, has access to more goods and services, resulting in an increase in GDP per capita.

If Growth in Output Exceeds Growth in Population,then GDP Per