Question
What is the formula for determining the GDP per capita of a place?(1 point)Responsesmale population of a place divided by its total populationmale population of a place divided by its total populationthe total population of a place divided by its land areathe total population of a place divided by its land areathe average life span in a place divided by its birth ratethe average life span in a place divided by its birth ratethe total wealth of the place divided by the total population
Answers
GPT-4o mini
The correct formula for determining the GDP per capita of a place is:
**The total wealth of the place divided by the total population.**
This means that GDP per capita is calculated by taking the Gross Domestic Product (GDP) of a location and dividing it by the population of that location.
**The total wealth of the place divided by the total population.**
This means that GDP per capita is calculated by taking the Gross Domestic Product (GDP) of a location and dividing it by the population of that location.