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GDP per capital will shrink if the proportion of the working population declines.That’s pretty obvious > people who buy labor so basically everyone unless you
by ztrww 4y ago
GDP per capital will shrink if the proportion of the working population declines.That’s pretty obvious
> people who buy labor
so basically everyone unless you grow your own food etc.?
- georgeecollins 4y ago>> GDP per capital will shrink if the proportion of the working population declines.That’s pretty obvious Only if productivity / price of labor is constant. Which it isn't over time historically.