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:

Online Presentations

Presentations delivered over the internet using various tools and platforms to reach a remote audience.

Back Channeled

The practice of giving nonverbal or verbal cues during communication to indicate understanding, attentiveness, or agreement without interrupting the speaker.

Nonverbal Communication

The process of conveying messages or signaling information through means other than verbal words, such as body language or facial expressions.

Indirect Benefit

An advantage or positive outcome that is not the direct result of an action or policy, often realized over time or through secondary effects.