Which of the following statements is true?
A) GDP per capita in India is higher than it is in South Korea.
B) The capital/labor ratio is higher in India than it is in South Korea.
C) The openness index is higher for India than it is for South Korea.
D) GDP per capita in South Korea now is higher than it is in India.
E) GDP per capita is the same in both countries.

Question

Quizplus · Accepted Answer

GDP per capita is a measure of a country's economic output that accounts for its number of people. South Korea is known for having a significantly higher GDP per capita compared to India, reflecting its more developed and industrialized economy.

Which of the Following Statements Is True