Final answer:
It is false that a country with a larger real GDP necessarily has a higher real GDP per capita than another country. Real GDP per capita is a more accurate indicator of individual economic well-being and allows for fairer comparisons between countries with differing population sizes.
Step-by-step explanation:
The statement that a country with a larger real GDP should also have a higher real GDP per capita than another country is false. Real GDP per capita is calculated by dividing a country's real GDP by its population. It's possible for a country to have a large real GDP due to a large population but have a lower GDP per capita if that population is significantly large. Countries like China or India may have high total GDPs due to their massive populations, but their GDP per capita can be lower than smaller, more economically developed countries.
To compare the economic performance and living standards across different countries accurately, analyzing the real GDP per capita is more insightful than comparing aggregate real GDP figures. This measurement takes the country's population into account, offering a more nuanced view of the economic well-being on an individual level. Therefore, when assessing economic growth and living standards, or making comparisons between countries like Belgium, Uruguay, Zimbabwe, and larger nations such as the United States, Russian Federation, or Nigeria, focusing on real GDP per capita is more meaningful than comparing real GDP alone.