Friday, February 8, 2019
Income and Population Age Structure Essay -- Economics Income GNP Essa
Income and existence Age buildingA) race between per capita gross national product and commonwealth egressGNP is the assess of each(prenominal) final goods and services produced in an providence everywhere a purpose of one year. Thus per capita GNP is the formof economic value of goods and services uncommitted to each person in a country,i.e. it is the per head income in a country. And population harvest isthe set out, by which population grows in an economy.From the above draw diagrams it can be said that the higher(prenominal) thepopulation growth rate the lower the per capita GNP and vice versa.This is overdue to the fact that if the population increases at a fasterrate the GNP will sprinkle over a large number of deal thus reducingthe value of the Gross National result per head. alike if thepopulation grows at a slower rate the GNP is spread over fewer totalof people thus increasing the value of the Gross National Product perhead.To further illustrate this we c an develop into consideration countrieslike Jordan which has a relatively high population growth rate of a4.9 and a per capita GNP of onl... Income and Population Age Structure Essay -- Economics Income GNP EssaIncome and Population Age StructureA) Relationship between per capita GNP and population growthGNP is the value of all final goods and services produced in aneconomy over a period of one year. Thus per capita GNP is the divisionof value of goods and services available to each person in a country,i.e. it is the per head income in a country. And population growth isthe rate, by which population grows in an economy.From the above drawn diagrams it can be said that the higher thepopulation growth rate the lower the per capita GNP and vice versa.This is due to the fact that if the population increases at a fasterrate the GNP will spread over a large number of people thus reducingthe value of the Gross National Product per head. Similarly if thepopulation grows at a slower rate the GNP is spread over fewer numbersof people thus increasing the value of the Gross National Product perhead.To further illustrate this we can take into consideration countrieslike Jordan which has a relatively high population growth rate of a4.9 and a per capita GNP of onl...
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