What are the criticisms with the two types of ranking (GDP and Per Capita)?

Summarize and perform the calculation of Gross Domestic Product (GDP) utilizing three different approaches for computing GDP for the given table

When considering GDP on a global scale, two issues stand out as particularly pressing. What exactly are these factors and whether or not they may be used when comparing GDPs?

Using the table below, calculate the GDP per capita for Country C. Round your answer to the nearest dollar. GDP per capita GDP Population GDP per capita Country (in billions of U.S. dollars) (in millions) (in U.S. dollars) A $1,300 320 ? B $1,790 585 ? C $3,610 1,050 ? D $36,300 1,060 ? Provide your answer below: GDP per capita = $

Use the information from the preceding table to fill in the following table. Nominal GDP Real GDP (Base year 2019, dollars) GDP Deflator Year (Dollars) 2019 2020 2021

Bonus Question: Based on the table below, calculate National income and then GDP using the income approach as per the table below: Description Billions of dollars Compensation of employees 800 Corporate profits 200 Statistical discrepancy 70 Rental Income 400 200 Depreciation 20 Profits of government enterprises 120 Proprietor's income

Define GDP and explain its components. How is GDP used as an indicator of economic health?

How do economists use GDP Per Capita data? standard of livingtotal dollar value of all final goods and servicesnet exportsnational income

The table below presents a brief summary of City Y’s total spending, local GDP, and population changes. Read the table and answer the following questions.     2010 2020 Total spending ($ million) 89 104.12 Local GDP ($ millions) 110 134 Population 50,000 56,275 CPI deflators (2012=1) 0.96 1.05   Calculate per capita spending in 2010 and 2020, respectively, using constant dollars. *Results round to the nearest dollar.    Calculate the compound annual growth rate of per capita spending from 2010 to 2020 Interpret what the two spending-to-GDP ratios tell us about City Y’s spending trend. Assuming City Y’s population grows at a constant rate in the next decade. Based on the information in the table, estimate City Y’s population in 2030.

How do other methods of measuring living standard compare with GDP