Answers Economics Full-Year Practice TestQuestion 1

1

practice testMultiple Choice

Practice Test

Question 1 • Economics (Full-Year)

Why is GNI per capita a better measure of standard of living than GDP?

Answer

A

GNI per capita reflects all of the income within the economy.

B

GNI per capita indicates how much each person makes on average.

C

GNI per capita reflects the total market value of goods and services in the economy.

D

GNI per capita represents the value of goods and services in the economy.

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