In any country, the population will generally be better off as long as the ____...
In any country, the population will generally be better off as long as the ____ over time and population ____.
| a. |
technology improves; increases faster than real output |
|
| b. |
quantity and quality of output decreases; does not increase faster than real output |
|
| c. |
quantity and quality of output increases; increases faster than real output |
|
| d. |
quantity and quality of output increases; does not increase faster than real output |
Homework Answers
Population will be better off if real output per capita increases. It is possible when
Quantity and quality of output increases
Rate of growth of output is higher than population growth. So that there is a net growth in per capita real output.
Correct option is
d) quantity and quality of output increases; does not increase faster than real output
Add Answer to:
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