An Increase in Population Growth in a Country

question 109

Multiple Choice

An increase in population growth in a country

• A) always causes an increase in labor resources.
• B) may not necessarily cause an increase in per capita real GDP.
• C) may not cause an increase in labor resources in rich countries because employers will cut down on the number of hours required of workers.
• D) will always cause an increase in per capita real GDP.

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Definitions:

Incorporate

To form a legal corporation, allowing a business to operate as a separate legal entity from its owners, with its own rights and liabilities.

Incorporation Process

The incorporation process involves the legal procedure of creating a corporation, which is a type of recognized legal entity separate from its owners, providing limited liability and other benefits.

Statutory Agent

A person or entity appointed to receive legal documents on behalf of a corporation or other legal entity.

Individually Liable

Responsibility of a person to bear the loss or fulfill obligations from their personal assets, independently of others' liabilities.