What does GDP per capita measure?
A) the sum of domestic goods, after the Gini coefficient is taken into account
B) the projected level of development multiplied by the current wealth of a country
C) the monetary value of the people, resources, and industrial output of a country
D) total of the value of goods and services produced by a national economy divided by its population
E) the amount of international trade that takes place for a country in a given year

Question

Quizplus · Accepted Answer

GDP per capita measures the total value of goods and services produced by a national economy divided by its population, providing an estimate of the GDP that each individual in the country produces on average.

What Does GDP Per Capita Measure