Ask Question
BusinessBusiness
15 February, 05:18

For a nation's real gdp per capita to rise during a year:

+3
Answers (1)
  1. 15 February, 05:57
    0
    The GDP per capita is a measure of the total output of a country and divides it by the amount of people in the country. The formula for this is:

    GDP per capita = GDP / Population

    Therefore for a nation's real gdp per capita to rise, " real GDP must increase more rapidly than population".
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “For a nation's real gdp per capita to rise during a year: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which item do the whistleblower laws NOT cover? A. employee medical records B. Pay and benefits C. Harassment D. Incentives
Answers (1)
If a johnny rocket's burgers has 11,500 burgers in inventory on hand and they sell 1,000 units a day, how many days of inventory do they have on hand?
Answers (1)
The bookkeeper for Pharoah Company asks you to prepare the following accrual adjusting entries at December 31. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.
Answers (1)
You have an investment that will pay you 1.18 percent per month. a. How much will you have per dollar invested in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b.
Answers (1)
What term is used to describe buyers, or product users, in an economic system?
Answers (1)
New Questions in Business
Replace present refrigerators with similar refrigerators at a cost of $20 x 106. Option 2. Replace present refrigerators with lake-source cooling at a cost of $50 x 106. However, the lake-source cooling would save 1.
Answers (1)
For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales;
Answers (1)
Steven is going to purchase two stocks to form the initial holdings in his portfolio. Iron stock has an expected return of 25 percent, while Copper stock has an expected return of 19 percent.
Answers (1)
Continuous quality improvement depends heavily upon: Select one: a. hard work b. monitoring special causes of variance c. use of checklists d. employment of the PDCA cycle
Answers (1)
The difficulty in cost-benefit analysis is that the benefits are usually evident and easily measurable, while the costs are not always evident or measurable. A) True B) False
Answers (1)
Home » Business » For a nation's real gdp per capita to rise during a year:
Sign Up Forgot Password?