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Do a bit of research on the history of economic development. What tends to happen to the growth rate in population as an economy develops?
Do a bit of research on the history of economic development. What tends to happen to the growth rate in population as an economy develops? What are some of the reasons this occurs? Research what has been happening to the growth rate in the U.S. population. Can you find an example or two of a developed economy where there is actuallynegativegrowth in population? What do you think a stagnant or shrinking labor force implies for economic growth?
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