Which of the following is a true statement?
A) The LDC classification is of the questionable accuracy.
B) GDP per capita ignores the degree of income distribution.
C) GDP per capita is affected by exchange rate changes.
D) GDP per capita does not account for the difference in the cost of living among nations.
E) All of these are true.

Question

Quizplus · Accepted Answer

All the statements are true: LDC classification can be inaccurate, GDP per capita does not consider income distribution, is influenced by exchange rates, and does not account for cost of living differences.

Which of the Following Is a True Statement