Which statement correctly distinguishes GDP growth from GDP per capita?
Answer and explanation
Correct answer: D. GDP growth is the change in total output
- Step 1: Growth compares total output over time. Step 2. Per capita output divides by the number of inhabitants, so a country can grow while its per capita output stagnates. Answer: growth is a change, per capita is a ratio. Why not the others: they swap the definitions, merge them, or invent prices and wages.
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