0
What is the difference between GDP and GDP per capita, and how do they each contribute to measuring a country's economic performance?
Gross Domestic Product (GDP) measures the total economic output of a country, while GDP per capita divides this total output by the population to give an average income per person. GDP reflects the overall economic size of a country, while GDP per capita provides a more accurate picture of individual prosperity. Both indicators are important for assessing a country's economic performance, with GDP showing the overall economic activity and GDP per capita indicating the average standard of living.
What else can I help you with?
Difference between micro economics macro manpower forecast?
in macroeconomics manpower is related to growth and development of the country because of increased investment level(producers get attracted towards the huge market) and also increase in produce of the countrys outputs if converted to human capital else it would serve as a huge burden on the countrys demographic investment.In microeconomics increase in the members of the family or firm will lead to increase in output and also increase in income.
What helps economics judge the overall condition of a particular countrys economy?
A measurement of economic indicators.
Why is the government important to our economy?
the government is important in the country because:he makes sure the needs of the countrys people are methe makes sure the finances are in orderhe makes training courses for people working in a certain part of the economy to in improve their skills and contribute more to the country and economy from a primary school learner
Why is government important to the economy?
the government is important in the country because:he makes sure the needs of the countrys people are methe makes sure the finances are in orderhe makes training courses for people working in a certain part of the economy to in improve their skills and contribute more to the country and economy from a primary school learner
What is a one-commodity country?
countrys that rely on just one or two principal commodities for much of their earnings.
What are other ways of measuring your height?
yes other countrys use a differnt stysem the the untied states of the america so there are many differnt ways
What is the difference between war and world war?
world war is war between more then 2 countrys and war is between only 2
What countrys are fridges made?
CHina
What countrys participate in the Olympics?
greenland
What is the countrys official name of Sudan?
The Republic of Sudan.
Nepal is different from Bhutan in that it .?
Nepal and Bhutan are sepretted countrys
Which countrys did hitler start planing for after the defet of frans?
rgurtutfhashgthg
What countrys has valerie Adams competed in?
sydney,london,bejing
What does religious tolerance mean?
it means that they want more countrys to unite .
What are afghanistans closest country?
The Countrys that Are Afghanistan's Closest Neighbors areChinaIranPakistanTajikistanTurkmenistanUzbekistan
What alpine Countrys woman got the right to vote in 1971?
switzerland
What is some personal information about vikings?
They like to raid cities and countrys.
