What is GDP per capita?

a. the average amount of money in people's bank accounts

b. a country's gross domestic product divided by its population

c. the percentage of people over age 15 who can read and write

d. the value of all final goods and services produced within a country in a given year

Question

Social Studies

Serena Goodman

31 March, 15:56

What is GDP per capita?

a. the average amount of money in people's bank accounts

b. a country's gross domestic product divided by its population

c. the percentage of people over age 15 who can read and write

d. the value of all final goods and services produced within a country in a given year

+5

Answers (1)

Know the Answer?

Darrell Giles · Answer 1

GDP per capita is actually a country's gross domestic product divided by its population. The correct option among all the options that are given in the question is the second option or option "b". It is actually the addition of gross value added by all the resident producers plus any kind of taxes and minus any kind of subsidies.

What is GDP per capita?a. the average amount of money in people's bank accountsb. a country's gross domestic product divided by its populationc. the percentage of people over age 15 who can read and writed. the value of all final goods and services produced within a country in a given year

What is GDP per capita?

a. the average amount of money in people's bank accounts

b. a country's gross domestic product divided by its population

c. the percentage of people over age 15 who can read and write

d. the value of all final goods and services produced within a country in a given year