ECONOMICS (CBSE/UGC NET)

ECONOMICS

GDP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
GDP per Capita is
A
a good measure of economic growth
B
the fairest way to compare economies
C
on average what each person contributes to their economy
D
all the above
Explanation: 

Detailed explanation-1: -The Gross Domestic Product per capita, or GDP per capita, is a measure of a country’s economic output that accounts for its number of people. It divides the country’s gross domestic product by its total population.

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