The higher the literacy rate, the higher the GDP per capita is the correlation between GDP per capita and Literacy Rate.
A. The higher the literacy rate, the higher the GDP per capita
Step-by-step explanation:
Gross Domestic Product (GDP) is the economic measure of all the produced goods and services made within a country. GDP helps to observe the monetary growth of the country. The growth rate of the country can be estimated using GDP, and it can be increased by increasing the literacy rate of the country. Expenses, production and income of the country are noted to calculate the GDP.
Literacy rate is the measure on the people who are capable of reading and writing. Usually the country with high literacy rate has high GDP per capita.