If real GDP is growing at a slower rate than the growth rate of population,

If the real GDP is growing at a slower rate than the population, it means that the per capita GDP, which is the GDP divided by the total population, is decreasing. This could indicate a decline in the standard of living or economic health of the country.

Here are the steps to understand this:

1. Real GDP is the measure of economic output of a country, adjusted for inflation. It gives us a picture of the total goods and services produced in a certain period.

2. Population growth rate is the increase in a country's population during a period of time.

3. If the real GDP growth rate is slower than the population growth rate, it means that the total economic output is not keeping up with the population increase.

4. This leads to a decrease in per capita GDP, which is the GDP divided by the total population.

5. A decreasing per capita GDP could indicate a decline in the standard of living, as it means that on average, individuals have less economic output.

6. This could be a sign of economic trouble, as it might mean that the country is not producing enough to sustain its population.

7. However, it's important to note that this is a simplified explanation. Many other factors can also affect the standard of living and economic health of a country.