Growth in GDP per capita has allowed Americans to live longer and consume more goods and services.

Question

Quizplus · Accepted Answer

As the Gross Domestic Product (GDP) per capita, which measures the economic output of a country divided by its number of inhabitants, grows, it allows for an increase in the availability of resources and technological advancements, resulting in a higher standard of living. This often translates to longer life expectancies and greater consumption of goods and services.

Growth in GDP Per Capita Has Allowed Americans to Live