Question

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

GNI per capita reflects all of the income within the economy.
GNI per capita indicates how much each person makes on average. (answer)
GNI per capita represents the value of goods and services in the economy.
GNI per capita reflects the total market value of goods and services in the economy.

Answer 1

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

Answer 2

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

Step-by-step explanation:

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