Ask Question
BusinessBusiness
27 January, 23:36

Why is real GDP per capita a useful measure?

+4
Answers (1)
  1. 27 January, 23:40
    0
    Per capita GDP is a measure of the total output of a country that takes the gross domestic product (GDP) and divides it by the number of people in that country. The per capita GDP is especially useful when comparing one country to another, because it shows the relative performance of the countries.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why is real GDP per capita a useful measure? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Using the formula given for simple interest, find the amount of interest earned after investing $450 at 6% interest for 30 years. How much money will be in the account at the end of 30 years?
Answers (1)
Using $3040000 as the cost of goods manufactured, compute the cost of goods sold using the following information Raw materials inventory, January 1 $ 20000 Raw materials inventory, December 31 40000 Work in process, January 1 18000 Work in process,
Answers (1)
g Price changes from year to year are not proportional, and consumers respond to these changes by altering their spending patterns. The problem this creates for inflation calculations is called a. deflation. b. inflation. c.
Answers (1)
The common stock of Denis and Denis Research, Inc., trades for $60 per share. Investors expect the company to pay a (n) $3.90 dividend next year, and they expect that dividend to grow at a constant rate forever.
Answers (2)
If Sue, owner of Camp Bow Wow in Boulder, Colorado, says Heidi Granahl, CEO and founder of Camp Bow Wow, is a leader who establishes special relationships with a small number of people and pays more attention to certain in-group people than others,
Answers (1)
New Questions in Business
A buyer and seller have entered into a contract for sale of a duplex. the buter defaults on the contract and the seller claims the escrow deposit per contractual agreement. What term applies to this situation?
Answers (1)
Daniel owns a small business that he is considering selling. he contracts with blair, a business attorney, to provide him with legal advice on the sale of his business. daniel's contract with blair is governed by
Answers (1)
One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000. Today, the market interest rate on these bonds is 5.5%.
Answers (1)
A short-term financial goal might include saving for
Answers (1)
Borrower Kathy has a starting balance of $150,000 at the beginning of January. She is being charged at 3.25% interest. Her total monthly payment for combined principal and interest is $640.50. How much of the first payment is the principal? 1) $640.
Answers (1)
Home » Business » Why is real GDP per capita a useful measure?
Sign Up Forgot Password?