Question

Does an increase in GDP per capita of a nation imply that all its citizens have become​ richer?

A. ​No, because the average income per capita does not give as good a measure as the purchasing power parity​ (PPP) of the average citizen in a nation.
B. ​No, because the average income per capita of a nation is not the same as the income of each individual in that nation.
C. ​Yes, because an increase in the average income per capita means that purchasing power parity​ (PPP) has also​ increased, making all citizens richer.
D. ​Yes, but only if the average is above the poverty level of​ $1.25 per day.

Answer 1

B

Step-by-step explanation:

The Gross Domestic Product (GDP) is the result of all the products and services that a country has during a certain period, which may be during one year. The total is calculated without considering the population as every individual, and how much each one receives, only a general number that is a representation of the average income.