It is common for commentators to measure the performance of a country’s economy by examining its per capita GDP growth. The assumption is that if economic growth is higher, then the country’s economic performance is better.
It is common for commentators to measure the performance of a
country’s economy by examining its per capita GDP growth. The assumption is that if economic growth is higher, then the country’s economic performance is better.
In this two paragraph reaction paper, please evaluate this assumption. Consider the following questions. What does per capita GDP growth actually measure? Is using this measure the best way to judge a country’s economic performance? Should we supplement this measure with other ways to evaluate an economy? Do our judgements on economic success vary depending on the country?
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The post It is common for commentators to measure the performance of a country’s economy by examining its per capita GDP growth. The assumption is that if economic growth is higher, then the country’s economic performance is better. appeared first on Superb Professors.
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