Final answer:
False. GDP does not reveal how output is distributed.
Step-by-step explanation:
False. GDP reveals nothing about the way output is distributed. GDP per capita only provides an average measure and does not provide information about the level of inequality in society. For example, if GDP per capita rises by 5%, it could mean that everyone's GDP has risen equally or that some groups have experienced more growth while others have experienced less or even a decline. Additionally, GDP does not indicate the amount of variety available in a society. It only looks at the total amount spent on a particular good or service, without considering the specific options or choices available within that category.