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Two countries have the same real GDP per capita. Which additional information would help compare their welfare more fully?

Answer and explanation

Correct answer: Income distribution, health, education, and environmental conditions

Real GDP per capita is an average and does not show how income is distributed or capture important aspects such as health, education, and environmental quality. Those conditions can differ between countries with the same average, so D gives a fuller basis for comparing welfare.

Related tags

Per Capita GdpWelfare IndicatorsGdp And WelfareNational Income And Related AggregatesEconomicsClass 11 Mcq

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