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Economics (AS & A Level) · Oct / Nov 2024 · Paper 33 · Question 25

9708Characteristics of countries at different levels of development

The optimum level of population is deemed to be that level at which real output per head is maximised. The diagram shows the relationship between population size and output per head in a country for two different time periods. Which change could not satisfactorily explain the shift from year 1 to year 2?

  1. APopulation has increased.
  2. BState of technology has improved.
  3. CStock of capital has increased.
  4. DVolume of productive resources in use has increased.

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Correct answer: A. Population has increased.

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