Per capita GDP is
A) The sum of consumer goods, investment goods, government services, and net exports.
B) A dollar measure of the economic growth rate of a country.
C) The value of the factors of production used to produce output in a country.
D) The dollar value of GDP divided by total population.

Question

Quizplus · Accepted Answer

Per capita GDP (Gross Domestic Product) is the total output of a country divided by its total population. It is a measure of the average economic well-being of individuals in a country.

Per Capita GDP Is