Evaluate the following statement: Continual population growth, with no other change affecting economic growth, leads to continual

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Evaluate the following statement: "Continual population growth, with no other change affecting economic growth, leads to continual growth in real GDP, but a continual drop in living standards." Briefly explain why you believe the statement is true or false.
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Macroeconomics

ISBN: 978-1464168505

5th Canadian Edition

Authors: N. Gregory Mankiw, William M. Scarth

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