Question

Which BEST explains why GDP per Capial is a more accurate measure of eacnomic strength than GDP alone?

O A. GDP take sinto account population while GDP per Capital does not use that in the equation.
B. GDP per Capital factors population into the formula to offset countries with high GDPs and high populations.
O C. GDP per capital is not an accurate measure of economic strength since it doesn't take into account the system of government.
D. GDP per Capital take sinto account economic systems into the equation while GDP does not.

Answer 1

The correct answer is B. GDP per Capita factors population into the formula to offset countries with high GDPs and high populations.

Step-by-step explanation:

The GDP per capita is a macroeconomic indicator by which the total production of goods and services of a country is measured, and this total number is divided by the number of inhabitants of that nation. Thus, the average number of production that each inhabitant generates per year within the country is obtained. In this way, a real knowledge of the country's economic capacity can be taken, depending on whether economic production is equated with the nation's demographic component.