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
Answers: 1
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GDP and GDP per capita.
Mark all of the following that are true.
Group of answer choice...
Group of answer choice...
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