The country of Economia has higher productivity rate than Productstan.Which statement is therefore correct?
A) Economia has a lower standard of living for its citizens than Productstan.
B) It cannot be determined from the information given which country has the higher standard of living.
C) Economia has a higher standard of living for its citizens than Productstan.
D) It can be assumed that both have the same high standard of living because productivity and living standards are unrelated.

Question

Quizplus · Accepted Answer

A higher productivity rate generally leads to a higher standard of living as it means more goods and services being produced per capita. Therefore, Economia is likely to have a higher standard of living for its citizens than Productstan.

The Country of Economia Has Higher Productivity Rate Than Productstan