Why is per capita gross domestic product (per capita GDP) better than gross domestic product (GDP) as a measure of a country's wealth? O Location and land mass have a large effect on GDP and must be considered in assessing a country's economy. O Because per capita GDP takes population into account, it is more useful for comparing the standard of living in different countries. O Per capita GDP provides information on income, while GDP only provides information on investment. O Per capita GDP includes the value of land, minerals, and crops not counted by normal GDP.
Why is per capita gross domestic product (per capita GDP) better than gross domestic product (GDP) as a measure of a country's wealth?
O Location and land mass have a large effect on GDP and must be considered in assessing a country's economy.
O Because per capita GDP takes population into account, it is more useful for comparing the standard of living in different countries.
O Per capita GDP provides information on income, while GDP only provides information on investment.
O Per capita GDP includes the value of land, minerals, and crops not counted by normal GDP.
The advantages of the sole proprietorship include
O ease of start-up
© full control ob business decisions
© exclusive rights to profits
© all of the above
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