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Other things the same, an increase in population growth decreases capital per worker. however, there is some evidence that a higher population growth rate may increase the pace of technological progress.
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Jul 5, 2018
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Other things the same, an increase in population growth decreases capital per worker. however, there is some evidence that a higher population growth rate may increase the pace of technological progress.
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Sadaf Sid
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This statement is true. This is because in any economy, as the population size increases, the capital per worker decreases correspondingly.
Penina
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Jul 11, 2018
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