A criticism of GDP per capita is that it
A) is hard to calculate.
B) might not fully reflect the standard of living of a typical citizen.
C) reduces the effect of outliers skewing averages.
D) is only a hypothetical concept that cannot be measured.

Question

Quizplus · Accepted Answer

GDP per capita only measures the total output of a country divided by its population, and does not take into account factors such as income inequality, distribution of resources, and non-monetary indicators of well-being, which can affect the standard of living of a typical citizen.

A Criticism of GDP Per Capita Is That It