What happens when the growth in national income is more than the growth in population ?
Answers
Explanation:
Population growth affects many phenomena such as the age structure of a country's population, international migration, economic inequality, and the size of a country's work force. ... Expressed as percentage changes, economic growth is equal to population growth plus growth in per capita
For the economy, a slower increase in the population raises concerns about American competitiveness. But it could actually be a good thing. A number of economists, including the Federal Reserve Chairman Ben Bernanke are worried about the lack of inflation and income growth in the United States
Pollution. - A growing population can generate economic growth. - The birth of more people means there will be a greater number of parents investing in their youth. -Increased purchases in products such as food, clothing, education-related expenses, sporting goods and toys feed the economy.
Answer:
A growing population can generate economic growth. - The birth of more people means there will be a greater number of parents investing in their youth. -Increased purchases in products such as food, clothing, education-related expenses, sporting goods and toys feed the economy