Question
What is GDP per capita?
A.
the average amount of money in people’s bank accounts
B.
a country’s gross domestic product divided by its population
C.
the percentage of people over age 15 who can read and write
D.
the value of all final goods and services produced within a country in a given year
A.
the average amount of money in people’s bank accounts
B.
a country’s gross domestic product divided by its population
C.
the percentage of people over age 15 who can read and write
D.
the value of all final goods and services produced within a country in a given year
Answers
GPT-4o mini
The correct answer is:
B. a country’s gross domestic product divided by its population
GDP per capita is a measure that conveys the average economic output per person in a specific area, typically a country, and is calculated by dividing the total gross domestic product (GDP) by the population.
B. a country’s gross domestic product divided by its population
GDP per capita is a measure that conveys the average economic output per person in a specific area, typically a country, and is calculated by dividing the total gross domestic product (GDP) by the population.