Because different nations have vastly different numbers of people living in them, Gross Domestic Product (GDP) is a very poor way to compare the economic well-being of people in different countries. What economic statistic is used by economists in its place?
A. GNP
B. per capita GDP
C. Wealth total
D. Life expectancy

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Because different nations have vastly different numbers of people living in them, Gross Domestic Product (GDP) is a very poor way to compare the economic well-being of people in different countries. What economic statistic is used by economists in its place?
A. GNP
B. per capita GDP
C. Wealth total
D. Life expectancy

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HistoryGuyid HistoryGuyid · Answer 1

HistoryGuyid HistoryGuyid

The economic statistic that is used by economists in its place would be "per capita GDP" since this takes into account the actual population of a country.

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