A Benefit of Using GDP Per Capita Instead of GDP

question 62

Multiple Choice

A benefit of using GDP per capita instead of GDP is that GDP

• A) takes into account the differences in wealth between the rich and poor within a country.
• B) measures the effects of outliers skewing averages.
• C) takes into account the size of the population when measuring the value of the goods and services a country produces.
• D) takes into account the environmental benefits or harm of economic activity.

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Definitions:

Service Infrastructure

The foundational physical and organizational structures needed for the operation of a society or enterprise's services system.

Zone of Tolerance

The range within which customers are willing to accept variations in service delivery or product quality.

Quality Gap

Quality Gap is the difference between customer expectations for service quality and their perceptions of the actual service received.

Instrumental Support

Practical or material assistance provided to someone in need, such as financial help or resources.