Lavender Inc., an American apparel company, is planning to start its operations in Borihia, a country in South America. Sharon, a manager in the company, feels that the company should assess the strength of Borihia's economy before investing there. Which of the following measures can help Lavender Inc. in determining Borihia's economy?

Question

Quizplus · Accepted Answer

Output per person, or GDP per capita, is a measure of a country's economic output that accounts for its number of people. It provides a more accurate picture of the economic performance and living standards in the country, making it a relevant measure for Lavender Inc. to assess Borihia's economy before investing.