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Among two countries with equal per capita GDP, which may have better welfare?

Answer and explanation

Correct answer: The one with better health and education services

Per capita GDP is an average and does not capture the complete quality of life. If two countries have the same average output or income, the country providing better health and education can achieve greater human capabilities and well-being. Thus option B is correct. More pollution, inequality or crime generally harms welfare and cannot be considered an advantage by itself.

Related tags

Health ServicesEducation ServicesPer Capita GdpGdp And WelfareNational Income And Related AggregatesEconomicsClass 11 Mcq

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