Question

Which one of the following is most important attribute while comparing the level of various countries? (a) Population (b) Social status of people. (c) Political Status. (d)Per capita income. (please also explain?)​

Answer 1

Answer:

the answer is per capita income

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Answer 2

Answer:

(D) Per Capita Income

Explanation:

•Per capita income is a measure of the amount of money earned per person in a nation or geographic region.

•Per capita income helps determine the average per-person income to evaluate the standard of living for a population.

•Per capita income as a metric has limitations that include its inability to account for inflation, income disparity, poverty, wealth, or savings.