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22-08-2022
Business

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Given a constant rate of growth of real gdp, what would cause a fall in real gdp per capita?

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iheonuchimere iheonuchimere

25-08-2022

Answer:

Increase in population

Explanation:

When GDP is growing at a constant rate, the only way that real GDP per capita falls is when population growth rate is higher than that of GDP growth rate.

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