The measurement commonly used for comparing the level of living in various countries is the
A) Gross Domestic Product (GDP).
B) Gross National Produce (GNP).
C) Per Capita Income (PCI).
D) Purchasing Power Parity (PPP).

Question

Quizplus · Accepted Answer

Per Capita Income (PCI) is commonly used to compare the standard of living across different countries as it reflects the average income earned per person in a given area in a specified year.

The Measurement Commonly Used for Comparing the Level of Living