The GDP per capita of a country is higher than that of Thailand.If the GDP per capita of the country is adjusted for PPP,the country's revised GDP is lower than that of Thailand.Which of the following is most likely true about the country?
A) There are fewer goods available for purchase in the country than in Thailand.
B) The cost to buy everyday goods in the country is approximately the same as in Thailand.
C) It costs less to buy everyday goods in the country than in Thailand.
D) It costs more to buy everyday goods in the country than in Thailand.

Question

Quizplus · Accepted Answer

If a country has a higher GDP per capita but a lower adjusted GDP, it suggests that the cost of living in that country is higher than in Thailand. Therefore, it is likely that everyday goods will be more expensive in the country than in Thailand, making option D the correct answer. Option A cannot be determined from the information given, and option B is unlikely as the GDP per capita has already been adjusted for PPP. Option C is also unlikely as the revised GDP is lower than Thailand's, suggesting that the cost of everyday goods is higher overall.

The GDP Per Capita of a Country Is Higher Than