An increase in per capita income will generally lead to
A) more material goods, but a decline in the quality of the environment.
B) a reduction in life expectancy because working conditions are less desirable.
C) an increase in the number of hours worked by residents.
D) an increase in the living standards of most people.

Question

Quizplus · Accepted Answer

An increase in per capita income means a higher standard of living for individuals. This can lead to increased access to healthcare, education, and other resources that can positively impact overall well-being. While economic growth can have negative environmental effects, it is not necessarily true that an increase in material goods will always result in a decline in environmental quality. A reduction in life expectancy and an increase in working hours are not typical outcomes of a higher per capita income.

An Increase in Per Capita Income Will Generally Lead to