Which of the following statements is FALSE? 1. Labor productivity and the percentage of people working are both positively related to real GDP per capita. 2. If real GDP grows by 2% and population also grows by 2%, then real GDP per capita stays the same. 3. If population grows faster than real GDP, then labor productivity must be falling 4. Productivity growth is the driving force behind growth in real GDP per capita.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter16: Economic Growth
Section: Chapter Questions
Problem 5E
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Which of the following statements is FALSE?

1. Labor productivity and the percentage of people working are both positively
related to real GDP per capita.
2. If real GDP grows by 2% and population also grows by 2%, then real GDP per capita stays the same.
3. If population grows faster than real GDP, then labor productivity must be falling
4. Productivity growth is the driving force behind growth in real GDP per capita.

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