Country A and Country B happen to have the same GDP per capita.The standard of living is said to be higher in Country A than in Country B.This could be because ________.
A) the workforce in Country A is relatively bigger
B) productivity is relatively greater in Country A
C) the same goods and services are relatively more costly in Country A
D) high income disparity in Country B prevents its GDP per capita from giving a full picture of the well-being of its people

Question

Quizplus · Accepted Answer

High income disparity in Country B means that GDP per capita does not accurately reflect the average person's standard of living, as wealth may be concentrated among a few individuals.

Country a and Country B Happen to Have the Same