The Best Measure of How Much Output the Average Person

question 36

Multiple Choice

The best measure of how much output the average person would get if all output were divided evenly among the population would be

• A)GDP.
• B)The economic growth of the economy.
• C)Per capita GDP.
• D)The capital stock of the economy.

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Definitions:

Seasonal Pattern

Variation in behaviors, emotions, or processes that occur as a response to the change of seasons.

Survey

A descriptive technique for obtaining the self-reported attitudes or behaviors of a particular group, usually by questioning a representative, random sample of the group.

Seasonal Pattern

A cyclic variation in behavior, mood, or patterns of activity influenced by changes in the seasons or weather conditions.

Depressive Disorder

A mind-related disorder characterized by a never-ceasing state of depression or absence of enthusiasm for activities, largely affecting life's daily operations.