If a Country's Population Growth Rate Exceeds the Growth Rate

question 42

Multiple Choice

If a country's population growth rate exceeds the growth rate in its GDP, which of the following is true?

• A) Per capita GDP is rising.
• B) Per capita GDP is not changing.
• C) Per capita GDP is falling.
• D) None of the above.

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Definitions:

Indifference Curves

In consumer theory, a graph showing combinations of goods or services among which a consumer is indifferent, reflecting preferences.

Optimum

The condition or outcome that is most favorable or efficient under the given circumstances.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford based on their income and the prices of goods and services.

Indifference Curves

Graphical representations in economics showing different combinations of goods that give a consumer equal satisfaction and utility.