Economics A Level: Why does Economic Development use GDP per Capita or GNI per Capita

Question

Why does Economic Development use GDP per Capita or GNI per Capita

go kys · Accepted Answer

-This gives an Important Indication of People's Standard of Living
-Generally speaking, Higher GDP / GNI per capita figures have Higher Standards of Living

Economics A Level

Why does Economic Development use GDP per Capita or GNI per Capita

-This gives an Important Indication of People's Standard of Living -Generally speaking, Higher GDP / GNI per capita figures have Higher Standards of Living

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