Which of the following statements regarding the impact of population growth on productivity is true ?
Correct answer: B. All of these answers
- A. There is no evidence, yet that rapid population growth stretches natural resources to the point that it limits growth in productivity
- B. All of these answers
- C. Rapid population growth may dilute the capital stock lowering productivity
- D. Rapid population growth may promote technological progress increasing productivity.
Explanation
Rapid population growth can dilute capital per worker, while it may also encourage innovation and put pressure on resources. Since the question treats the absence of conclusive resource-limit evidence as valid as well, all three statements are presented as true.
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