GDP per capita is the best measurement for:

Question

Quizplus · Accepted Answer

GDP per capita is a measure that takes into account the total economic output of a country divided by its population, making it a useful tool for comparing living standards between countries. It is not a good measurement for determining the distribution of output within a country or finding the impact of population on GDP, as it does not account for inequalities in income distribution or demographic changes such as population growth or aging. While it can be used to determine the growth rate of the economy over time, it is not the best measurement for this purpose as it does not account for changes in the size of the population or other factors that may affect economic growth.

GDP Per Capita Is the Best Measurement For