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An increase in real GDP per capita is the strict definition of economic growth that serves...

An increase in real GDP per capita is the strict definition of economic growth that serves to A) increase living standards.B) increase the population.C) decrease inflation.D) increase the money supply.

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Answer #1

GDP which is the production of value of final goods and services within the boundary within the boundary of acountry in a financial year

GDP per capita represents total GDP divided by total population of any country

It is also called standard of living

it is one of the important tool for measuring the economic growth

Inflation in general terms is a general rise of the price level of goods and services in an economy over given period of time

It is not related with the GDP per capita and irrelevant here

So option B and C are irrelevant and the correct answer here is option A

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