International data on real GDP per person gives us a sense of how standards of living vary across countries.

Name: International data on real GDP per person gives us a sense of how standards of living vary across countries.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

Real GDP per person (or per capita) adjusts for population size, allowing for a more accurate comparison of the economic well-being and standards of living between countries.

International Data on Real GDP Per Person Gives Us a Sense