Question
Question
What does a rise in per capita GDP indicate?
(1 point)
Responses
A. increased productivity
increased productivity
B better trade deals
better trade deals
C. more bank loans
more bank loans
D. increased population
What does a rise in per capita GDP indicate?
(1 point)
Responses
A. increased productivity
increased productivity
B better trade deals
better trade deals
C. more bank loans
more bank loans
D. increased population
Answers
GPT-4o mini
A rise in per capita GDP indicates:
A. increased productivity
Per capita GDP measures the average economic output per person in a given area. An increase in this measure typically suggests that the economy is producing more goods and services per person, which is largely attributed to increased productivity.
A. increased productivity
Per capita GDP measures the average economic output per person in a given area. An increase in this measure typically suggests that the economy is producing more goods and services per person, which is largely attributed to increased productivity.