A Higher Population Growth Rate Can Potentially Lead to a Higher

question 19

Multiple Choice

A higher population growth rate can potentially lead to a higher rate of growth in per capita real GDP if

• A) it leads to an increase in the amount of dead capital.
• B) it leads to greater democracy in a nation.
• C) young workers replace older workers.
• D) there is a greater labor force participation rate.

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Definitions:

Property Rights

Legal rights that delineate the ownership and use of property, including rights to use, sell, rent, mortgage, transfer, and destroy the property.

Marginal Costs

The additional cost incurred by producing one more unit of a product or service, crucial for decision-making in economics and business.

Property Rights

The legal rights to possess, use, and dispose of assets, property rights are foundational to free market economies and influence resource allocation and investment.

Marginal Benefits

The additional satisfaction or utility gained from consuming or using one more unit of a good or service.