GROWTH DEVELOPMENT CHILD
GROWTH AND DEVELOPMENT
Question
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The total GDP divided by the population of the said country
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Real GDP
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Nominal GDP
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GDP per capita
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Ceteris paribus
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Explanation:
Detailed explanation-1: -GDP per capita is a measure that results from GDP divided by the size of the nation’s overall population. So in essence, it is theoretically the amount of money that each individual gets in that particular country. The GDP per capita provides a much better determination of living standards as compared to GDP alone.
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