Environmental Economics Question Answer

Question

Increases in real GNP per capita occur when

A government programs direct resources away from investment goods to consumer goods./
B tariffs and quotas prevent countries from trading and thus prevent dollars from leaving the country.
C the rate of growth of real GNP is greater than the rate of growth of population.
D the level of consumption expenditures rises relative to the level of saving.

Answer & Explanation

Answer: Option [C]