When we measure production relative to a nation's population, we have:
When we measure production relative to nation`s population we need to check the growth of production and growth of population. As far as we have relative index it will be impacted by these two variables. We should consider that if the population growth will be faster than production growth we would have decrease in relative production
Need a fast expert's response?
Submit order
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!