GDP per capita can be summarized to be:
A) a measure of average well-being in a country.
B) a gauge of the direction an economy when we examine GDP changes over one year.
C) the measure of value of all activity inside a national economy.
D) the best measure of well-being for all citizens inside a country

Question

Quizplus · Accepted Answer

GDP per capita is a measure of the average income per person in a country. It is often used as a proxy for measuring the overall well-being of people in a country, although it does not capture other important factors such as income inequality, quality of life, and environmental sustainability. Therefore, A is the best choice as it comes closest to summarizing the measure.

GDP Per Capita Can Be Summarized to Be