________ provides a method to examine the differences in GDP per capita across countries at the same time.

Question

Quizplus · Accepted Answer

Development accounting is a method that allows for the decomposition of differences in GDP per capita between countries into factors such as capital, labor, and total factor productivity. This method helps to identify why some countries are richer than others, and what factors contribute to their economic development.

________ Provides a Method to Examine the Differences in GDP