Asked by Paris
This table shows the member countries of the International Monetary Fund with the top 10 per capita GDPs in the world as of 2010:
Country GDP per capita
Qatar $88,222
Luxembourg $81,466
Singapore $56,694
Norway $51,959
Brunei $48,333
United Arab Emirates $47,439
United States $46,860
Switzerland $41,950
Netherlands $40,973
Australia $39,764
Source: International Monetary Fund (IMF) 2010
Using only the chart and GDP per capita to measure standard of living, which statement below is correct?
Brunei enjoys a higher standard of living than the United States.
The United States has a higher standard of living than any other country in the world.
Norway had the highest GDP per capita of any country in the world.
The countries on this list share approximately the same standard of living.
Country GDP per capita
Qatar $88,222
Luxembourg $81,466
Singapore $56,694
Norway $51,959
Brunei $48,333
United Arab Emirates $47,439
United States $46,860
Switzerland $41,950
Netherlands $40,973
Australia $39,764
Source: International Monetary Fund (IMF) 2010
Using only the chart and GDP per capita to measure standard of living, which statement below is correct?
Brunei enjoys a higher standard of living than the United States.
The United States has a higher standard of living than any other country in the world.
Norway had the highest GDP per capita of any country in the world.
The countries on this list share approximately the same standard of living.
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