2275EconomicsMedium
Increasing in the real GNP per capita occur when?
Athe rate of growth in real GNP is greater than the rate of growth in the population
Bgovernment programs direct resources away from investment goods to consumer goods.
Ctariffs and quotas prevent countries from trading and thus prevent dollars from leaving each country
Dthe level of consumption expenditures rises relative to the level of savings
Correct answer
A. the rate of growth in real GNP is greater than the rate of growth in the population
Explanation
The correct answer is the rate of growth in real GNP is greater than the rate of growth in the population.