Question

how is population important for economy

Answer 1

Population is important for economy as they are only the resources and they only produce and add some money to national income.

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Answer 2

hello mate here is your answer
Economic growth is measured by changes in a country's Gross Domestic Product (GDP) which can be decomposed into its population andeconomic elements by writing it aspopulation times per capita GDP. ... The relationship between economicgrowth and the rate of return to capital is of central importance in his analysis

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