Question

What is the GSDP per capita a measure of?

• A. The total GSDP of a state.
• B. The total population of a state.
• C. The average economic output per person in a state.
• D. The total tax revenue collected by a state.

Answer 1

Answer:

C. The average economic output per person in a state.

• GSDP per capita is calculated by dividing the total GSDP of a state by its population.

• It is a useful indicator for assessing the average economic prosperity and standard of living of the residents in that state.