Single Answer MCQ
Q-00045281

A country has a per capita income of $5,000 and another has $7,000. Which statement is true?

1

The second country is definitely more developed

2

The first country has a richer population

3

The second country has a higher average income

4

Both countries are equally developed

Answer and Solution

Answer

C. The second country has a higher average income

Solution:

The statement that the second country has a higher average income is true, which may suggest better economic conditions and living standards compared to the first country.

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