The following table shows economic data for two countries.

-Refer to the table above.Compared to Country B,Country A ________.
A) is more productive
B) has a lower standard of living because the same bundle of goods is cheaper than in Country B
C) is less productive
D) has a comparable standard of living

Question

The following table shows economic data for two countries.
 
-Refer to the table above.Compared to Country B,Country A ________.
A) is more productive 
B) has a lower standard of living because the same bundle of goods is cheaper than in Country B 
C) is less productive 
D) has a comparable standard of living

Quizplus · Accepted Answer

Country B has a higher GDP per capita and higher labor productivity than Country A, indicating that Country B is more productive. Additionally, the fact that the same bundle of goods is more expensive in Country B than in Country A suggests that Country B has a higher standard of living. Therefore, Country A is less productive and likely has a lower standard of living than Country B.

The Following Table Shows Economic Data for Two Countries