The calculation of GNI per capita takes into account the differences in the cost of living from one country to another.

Name: The calculation of GNI per capita takes into account the differences in the cost of living from one country to another.
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Question

Quizplus · Accepted Answer

GNI per capita does not adjust for the cost of living differences between countries; it simply divides the gross national income by the population size. Adjustments for cost of living are made in measures like Purchasing Power Parity (PPP).

The Calculation of GNI Per Capita Takes into Account the Differences