What calculation gives the best indication of economic well-being? nominal GDP divided by the number of workers nominal GDP divided by the population real GDP divided by the population real GDP divided by the number of workers

What calculation gives the best indication of economic well-being? nominal GDP divided by the number of workers nominal GDP divided by the population real GDP divided by the population real GDP divided by the number of workers

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section: Chapter Questions

Problem 3QP

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What calculation gives the best indication of economic well-being?
Onominal GDP divided by the number of workers
nominal GDP divided by the population
Oreal GDP divided by the population
real GDP divided by the number of workers.

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