Asked by
Roxana Castillo
on Oct 13, 2024Verified
Which statement is true?
A) Per capita GDP fell.
B) Per capita GDP stayed the same.
C) Per capita GDP rose by over 100%.
D) Per capita GDP rose by 25%.
E) Per capita GDP rose by 50%.
Per Capita GDP
A measure that expresses a country's Gross Domestic Product divided by its total population, indicating the average economic output per person.
Population
The total number of people living in a specific area or country at a certain time.
- Calculate and interpret per capita GDP and its changes over time.
Verified Answer
YL
Learning Objectives
- Calculate and interpret per capita GDP and its changes over time.