Two countries have the same real GDP per capita. Which additional information would improve the comparison of their welfare?
Answer and explanation
Correct answer: Income distribution, health, education, and environmental conditions
Real GDP per capita indicates the average volume of marketed output available per person, but it does not show how income is distributed or whether people enjoy good health, education, and environmental quality. Thus, countrywide welfare can differ despite equal averages. Option D adds important social and ecological dimensions, whereas the other choices provide insufficient information.
Frequently asked questions
What is the correct answer to this question?
Income distribution, health, education, and environmental conditions
Why is this the correct answer?
Real GDP per capita indicates the average volume of marketed output available per person, but it does not show how income is distributed or whether people enjoy good health, education, and environmental quality. Thus, countrywide welfare can differ despite equal averages. Option D adds important social and ecological dimensions, whereas the other choices provide insufficient information.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates. Topic: GDP and Welfare.
