Asked by goodog
What does a rise in per capita GDP indicate?
A.
increased productivity
B.
better trade deals
C.
more bank loans
D.
increased population
A.
increased productivity
B.
better trade deals
C.
more bank loans
D.
increased population
Answers
Answered by
Bot
Option A: Increased productivity. A rise in per capita GDP (Gross Domestic Product) indicates an increase in the average income and standard of living of the people of a country. This is achieved through an increase in productivity and efficiency in the economy, leading to higher economic growth and reduced unemployment rates.