Question

A benefit of using GDP per capita instead of GDP is that GDP: takes into account the size of the population when measuring the value of the goods and services a country produces. takes into account the differences in wealth between the rich and poor within a country. takes into account the environmental benefits or harm of economic activity. measures the effects of outliers skewing averages.

Answer 1

It takes population size into account when measuring the value of goods and services.

Step-by-step explanation:

GDP per capita is gross domestic product divided by the total population of a given economy. Thus, unlike the GDP-only measure, which measures the absolute value of domestic production, per capita GDP assesses how much a country's economy is growing per individual, that is, it shows the evolution of production per person.