How does Gross Domestic Product (GDP) per capita differ from Gross National Income (GNI) per capita?(1 point)

Question

Responses

GNI per capita does not account for people who have no income.
GNI per capita does not account for people who have no income.

GDP per capita is more accurate because it includes people outside the country.
GDP per capita is more accurate because it includes people outside the country.

GNI per capita gives a more accurate indication of how much money people actually have to spend.
GNI per capita gives a more accurate indication of how much money people actually have to spend.

GDP per capita is the total wealth of the entire country regardless of population size.

Answer 1

The best response is:

GNI per capita gives a more accurate indication of how much money people actually have to spend.

This statement highlights how GNI per capita provides a measure of income available to residents of a country, including income from abroad, which can give a better understanding of their capacity to spend compared to GDP per capita, which only measures domestic economic output.

Answer 2

Which of the following describes a lower order central place?(1 point)
Responses

a smaller city that can provide common goods to its market but lacks specialization
a smaller city that can provide common goods to its market but lacks specialization

a city that performs services integral to the world economy
a city that performs services integral to the world economy

a city that can produce large amounts of specialization
a city that can produce large amounts of specialization

the ranking of settlements based on their population size

Answer 3

The best response is:

a smaller city that can provide common goods to its market but lacks specialization.

This description accurately characterizes a lower order central place as it focuses on providing basic goods and services to a local market without the higher levels of specialization seen in larger central places.

Answer 4

What is the process of wealthy individuals buying property in economically disadvantages areas and renovating it, forcing the current residents to leave?(1 point)
Responses

urban blight
urban blight

gentrification
gentrification

industrialization
industrialization

urban hearth

Answer 5

The correct response is:

gentrification.

Gentrification refers to the process where wealthier individuals move into economically disadvantaged areas, renovate properties, and often displace long-term residents due to rising property values and living costs.