Multiple choice

Which of the following is the better measure of economic development?

  1. GDP

  2. Total income

  3. GNP

  4. Per capita income
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

GDP and GNP measure total economic output, which doesn't account for population size. Total income also doesn't reflect individual well-being. Per capita income divides total income by population, showing average individual prosperity and better reflecting development impact on people.

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