Which of the following observations concerning different measures of national income is true?
A)GDP does not include income earned by foreigners who own resources in that nation.
B)Using GNI can give the impression that people in less-developed countries have more income than they really do.
C)GNI per capita is a useful figure because it gives some idea of the income level of people in the country.
D)The less-developed nations account for the biggest share of the world's GDP.
E)GDP is the only measure of national income.

Question

Quizplus · Accepted Answer

GNI per capita (per person)is a useful figure because it gives some idea of the income level of people in the country.

Which of the Following Observations Concerning Different Measures of National