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  2. Per capita real GDP measures the amount of real GDP per person. The adjustment in exchange rate conversions that takes into account differences in the true cost of living across countries is known as purchasing power parity.

  3. Study with Quizlet and memorize flashcards containing terms like GDP per capita definition, difference between real gdp/nominal, strength of GDP per capita and more.

  4. Study with Quizlet and memorize flashcards containing terms like GDP per capita Economic growth as measured by the Real GDP growth rate, Rule of 70, Convergence hypothesis and more.

  5. What is the GDP per person (per capita) for a country with a GDP of 2.5 trillion and a population of 100 million?

  6. quizlet.com › 876164340 › asean-flash-cardsASEAN Flashcards | Quizlet

    Study with Quizlet and memorize flashcards containing terms like Brunei Darussalam Facts, Cambodia Facts, Indonesia Facts and more.

  7. Now, comparing GDP per Capita, Qatar is the richest country in the world at $102,800 per person. The US is now ranked #12. In some nations, the GDP per Capita is only $400 per person.

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