Professor Harilal assigns each student a country and tells them to divide the country's total gross income by the number of people in that country. This formula will produce the:

Question

Quizplus · Accepted Answer

The formula to divide a country's total gross income by its population yields the per-capita gross national income (GNI), which is the average amount of money earned by each person in a given country. This is a commonly used measure of a country's economic well-being and standard of living. Therefore, option A is the correct answer. The other options are not relevant to the formula given in the question.

Professor Harilal Assigns Each Student a Country and Tells Them