Answered

How do economists use the GDP per capita rate?
They compare individual wealth in different countries.
They compare the standard of living in different countries.
They contrast the unemployment rate in different countries.
They contrast the productivity rate in different countries.



Answer :

GinnyAnswer

Final answer:

Economists use GDP per capita to compare the standard of living in different countries by assessing the average income and wealth of inhabitants.


Explanation:

Gross Domestic Product (GDP) per capita is used by economists to compare the standard of living in different countries. By dividing a country's GDP by its population, economists can assess the average income and wealth of its inhabitants, providing insights into disparities and well-being across nations.


Learn more about GDP per capita comparison here:

https://brainly.com/question/34549183


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