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31 January, 19:36

Which of the following is an indicator of how much output the average person would get if all output were divided up evenly among the population? A. GDP

B. Nominal GDP

C. Per capita GDP

D. Real GDP

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Answers (1)
  1. 31 January, 21:02
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    C. per capita GDP

    Explanation:

    Per capita income is the average income earned per person in a country during a specified period of time. It is the measure of a country's Gross domestic products against its total population.

    Per capita GDP is a measure of a country's economic output that accounts for its number of people. It divides the country's gross domestic product by its total population. it a good measurement of a country's standard of living. It tells you how prosperous a country feels to each of its citizens.

    It is calculated by dividing the total GDP of a country by its population

    therefore going by the question and the explanation given the best possible answer is C. Per capita GDP
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Home » Business » Which of the following is an indicator of how much output the average person would get if all output were divided up evenly among the population? A. GDP B. Nominal GDP C. Per capita GDP D. Real GDP
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