Which of the following best explains an important limitation of per capita national income?(1 point) Responses
Per capita national income does not take total national income into account.
Wealth distribution in most countries is uniform.
Per capita national income does not take population size into account.
Wealth distribution in most countries is uneven.
3 answers
Per capita national income does not take population size into account.
Which of the following is an example of the connection between economic scarcity and economic development?(1 point) Responses
A country with ample water resources suffers from a shortage of safe drinking water.
A country with rich coal deposits invests in mining technology.
A country with limited farmland imports most of its food.
A country with few forests suffers from a shortage of building materials.
A country with ample water resources suffers from a shortage of safe drinking water.
A country with rich coal deposits invests in mining technology.
A country with limited farmland imports most of its food.
A country with few forests suffers from a shortage of building materials.
A country with limited farmland imports most of its food.