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Curved Due

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O Coon nectonmenr #7 fr Using per capta &DP 2. Current prices by the popvlatcon 3. by sing Gross Domestee product 4. Economic growth varies based on ditfering bbPs. S- eelattonchip stun. paystaad prodvaten process’ Ovtpor * pigsical inp fuat is ured by cr. Ueasures how much avtpt can be created bused on the Gwen inputs. b. Rekers to yoods/serues prodiced pet hout oF labor. (Twe important Factors inclede Tetp advancements that (nuocase peodvctinty and move lupctal egrpuent. tHe Function Utstté ¢s curved due fo the Fact rhat as # of workers t He per/unite producto initaliy increases ot Phystcat capeal- Cavepmeat © Stroeteves, Human Caettel- skills + knowlege, Natural resources avatlebee vesources ter matfactore, mt 6. wrowth in pdfulateon can be lookect ut in Augevent wits , oft being too fugh oF pop. Cavses scarccties in vesources * ynysttal cupebat, thus Aereawagy prodectten. Wale piers beleve et ihiv6erser Plocluetton dite fo deine to inteease proderctcaon nits. + means for evampe, (F trevt Wet to bea (OZ inakase in workers, teye would be a (09, Incoease ma : 0. A teard thal all ecenomis Wel cuentveliy comerge htrms f pe Capta income, due to fe bserpatton — that yrttr dtyeleyed eccnoinidg fend to qroc move vapidlig in wealth economies Hyman cafeta- ys/numan capetat yt leads fo more Ve Capauita (n economy, LERS will, resource eHicitarty , antl labor seppla t SIdddddddddddddddddddcdcdddcu

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