Which of the Following Statements About Real GDP Per Capita

question 8

Multiple Choice

Which of the following statements about real GDP per capita is correct?

• A) Real GDP per capita is inversely related to quality of life measures such as productivity and life expectancy.
• B) Real GDP per capita is more accurately recorded in IACs than in LDCs.
• C) Countries with higher real GDP per capita have lower per capita energy consumption.
• D) Real GDP per capita in the United States is about seven times larger than in Ethiopia.

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Definitions:

Dissociation

The process by which a member's involvement in an entity, such as a partnership or limited liability company, ends.

Duty of Care

A legal obligation to avoid actions or omissions that could foreseeably harm others.

Duty of Loyalty

The duty of loyalty is a legal obligation of fiduciaries to act in the best interest of their beneficiaries or principals, avoiding conflicts of interest.

Limited Liability Company

A flexible form of business that combines elements of partnership and corporate structures, providing limited liability protection to its owners.