How is the prosperity of a nation typically measured today?

Question

Quizplus · Accepted Answer

The prosperity of a nation is typically measured by its real output per capita, which is the GDP of a country divided by its population. This measures the economic performance of a country relative to the size of its population and provides an indication of the standard of living enjoyed by its citizens. The other options are not generally used as measures of prosperity today - international trade is important but a proportionate share is not used as a measure of prosperity, gold reserves are not always indicative of economic prosperity, and total output or gross national product does not account for population size.

How Is the Prosperity of a Nation Typically Measured Today