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What happened when the aggregate output of a country grows faster than the population of a country?
When the aggregate output of a country grows faster than its population, it typically leads to an increase in per capita income and overall economic prosperity. This situation can enhance living standards, as more goods and services are available for each individual. Additionally, it may result in lower unemployment rates and improved social welfare, as businesses expand to meet rising demand. However, if growth is not inclusive, disparities may still arise, with certain segments of the population potentially benefiting more than others.
What else can I help you with?
How do you calculate aggregate saving?
You can calculate aggregate saving by using the power of compounding. The earlier you start saving, the faster you can aggregate or compound your existing savings in the bank.
What is growing faster in Egypt than in any other Arab country?
Population.
Per capita GDP will rise if GDP?
if GDP grows faster than the population of a country, the per capita GDP will rise
When population grows faster and faster?
we have about 7000000000 or exact 7012234344
What increased at a faster rate the rural population or urban population?
it seized its powers
What would happened if you stirred water and sand faster and faster?
snjswdsl dksd dm dmm ddja
What happened to particles of a substance as its temperature increases?
It moves faster.
What happened to this plane faster than sound flight?
it vibrates
Why did the Australian population grow faster in 1950?
ww2
Who believed that the population tends to increase faster than the existing food supply?
Thomas Malthus believed that population tends to increase faster than the food supply.
Population growth pattern where a population grows faster as it increases in size as it increases in size is what?
Exponential
What happen to the American Indian population between 1990 and 2000?
Faster than the total population.
