Economy, asked by Shubham22Choudhary, 1 year ago

Can we also compare different countries by GDP? Why or why not?

GRRowLL: Nope, because GDP hide disparities among the country citizens

Karan5Gupta: GDP per capita is a good way to compare the economic output of a country as experienced by its residents. That's because it divides acountry's economic output by its population.You can use GDP per capita to compare anycountry with another one.

Answers

Answered by Karan5Gupta

GDP per capita is a good way to compare the economic output of a country as experienced by its residents. That's because it divides acountry's economic output by its population.You can use GDP per capita to compare anycountry with another one.

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