Gross national income per-capita data take into account differences in the cost of living.

Name: Gross national income per-capita data take into account differences in the cost of living.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Gross national income (GNI) per capita does not account for differences in the cost of living; it is a measure of a country's income divided by its population. To account for cost of living differences, purchasing power parity (PPP) adjustments are used.

Gross National Income Per-Capita Data Take into Account Differences in the Cost