Iannacone944
Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

How is per capita GDP calculated, and what does it tell us about the economy?
Explain

Sagot :

flavour5
GDP (gross domestic product) is referred to as the gross domestic product of a country - amount of goods and services within one country, and per capita GDP is about GDP per person. Therefore, a total amount of GDP (this information is usually found in the bureau of the census report) should be divided by a total number of population. For example, if GDP is 100,000 and a total population is 100, per capita is 1000 (100,000/1000).

And, information about per capita GDP is useful when people compare one country with another because it presents each country's performance on gross domestic product.
napua17oxzhas

Answer:

total market value of goods and services produced with in a year divided by total population

Explanation:

This is the way

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.