Problem
Per capita income (or output) is the general measure used to compare the standards of living between countries. If a country's population growth is higher than its economic growth, what happens to per capita income? What are some of the limitations to using per capita income as a measure to compare the wellbeing between countries?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.