Scenario: In Riverland, life expectancy is rising and has just surpassed life expectancy in its neighbor country, Lakeland.
-Refer to the scenario above.Country A has a slightly bigger exchange-rate-adjusted GDP per capita than country B.Based on this information,is the conclusion that the standard of living in country A is higher than the standard of living in country B correct?
A) The conclusion is correct.
B) The conclusion is incorrect.
C) The conclusion is correct if we base the measure of standard of living only on the purchasing power of people's income.
D) The conclusion is correct but may or may not hold if we introduce additional information.

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The Answer of Scenario: In Riverland, life expectancy is rising and has just surpassed life expectancy in its neighbor country, Lakeland.
-Refer to the scenario above.Country A has a slightly bigger exchange-rate-adjusted GDP per capita than country B.Based on this information,is the conclusion that the standard of living in country A is higher than the standard of living in country B correct?
A) The conclusion is correct.
B) The conclusion is incorrect.
C) The conclusion is correct if we base the measure of standard of living only on the purchasing power of people's income.
D) The conclusion is correct but may or may not hold if we introduce additional information.

Scenario: in Riverland, Life Expectancy Is Rising and Has Just