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Because different nations have vastly different numbers of people living in them, Gross Domestic Product (GDP) is a very poor way to compare the economic well-being of people in different countries. What economic statistic is used by economists in its place?
A. GNP
B. per capita GDP
C. Wealth total
D. Life expectancy
The economic statistic that is used by economists in its place would be "per capita GDP" since this takes into account the actual population of a country.
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