If the population of a nation expands at a faster rate than its rate of growth of real output, then _____.
A) real output per capita would increase
B) real output per capita would decrease
C) the production possibilities curve of the nation will shift inward
D) there will be a downward movement along the production possibilities curve of the nation
E) Incorrect. Real output per capita = real output/population. See 12-1: Economic Growth
Correct Answer:
Verified
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