Question
Which of the following best explains an important limitation of per capita national income? (1 point)
O Wealth distribution in most countries is uniform.
O Per capita national income does not take total national income into account.
• Per capita national income does not take population size into account.
• Wealth distribution in most countries is uneven.
O Wealth distribution in most countries is uniform.
O Per capita national income does not take total national income into account.
• Per capita national income does not take population size into account.
• Wealth distribution in most countries is uneven.
Answers
GPT-4o mini
The option that best explains an important limitation of per capita national income is:
**• Wealth distribution in most countries is uneven.**
Per capita national income provides an average income per person, but it does not reveal how income is distributed among the population. In many countries, a significant portion of the national income may be held by a small percentage of the population, leading to inequality that the per capita figure does not capture.
**• Wealth distribution in most countries is uneven.**
Per capita national income provides an average income per person, but it does not reveal how income is distributed among the population. In many countries, a significant portion of the national income may be held by a small percentage of the population, leading to inequality that the per capita figure does not capture.