Dividing real GDP by the population:
A) results in consumption per capita.
B) results in nominal GDP per capita.
C) results in real GDP per capita.
D) results in a measure of happiness.

Question

Quizplus · Accepted Answer

Dividing real GDP (which accounts for inflation) by the population yields the measure of real GDP per capita, providing a measure of the average economic well-being of individuals in a country.

Dividing Real GDP by the Population