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Social Studies, 29.10.2020 19:50 Vauzh

GDP and GDP per capita. Mark all of the following that are true.

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GDP shows how people live in a country

Real GDP is found by: Nominal GDP / price index * 100

GDP per capita is found by: Real GDP / population

GDP per capita show the overall power a country has in international relations

GDP is found by taking Nominal GDP / Population

GDP per capita shows the size of an economy

GDP is best used to show the power a country has in international issues

GDP per capita is best used to show how people live in a country

GDP per capita the amount of output per person in a country

GDP show the overall size of an economy

GDP per capita shows in general how the average person lives in a country

GDP per capita shows the total production in a country

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GDP and GDP per capita. Mark all of the following that are true.

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