1 answer

716) When the population increases, potential GDP and potential GDP per hour of labour 16) A)...

Question:


716) When the population increases, potential GDP and potential GDP per hour of labour 16) A) increases; decreases B) increas
716) When the population increases, potential GDP and potential GDP per hour of labour 16) A) increases; decreases B) increases; increases increases; does not change Dy decreases; increases E) decreases; decreases

Answers

When population increases, it increase labor force which is one factor of production which leads to an increase in production and leads to an increase in potential GDP and it also increases a potential GDP per hour of labor

thus ans is B

.

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