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Which of the following best explains an important limitation of per capita national income?(1 point)
Responses
Wealth distribution in most countries is uneven.
Wealth distribution in most countries is uneven.
Per capita national income does not take population size into account.
Per capita national income does not take population size into account.
Per capita national income does not take total national income into account.
Per capita national income does not take total national income into account.
Wealth distribution in most countries is uniform
Responses
Wealth distribution in most countries is uneven.
Wealth distribution in most countries is uneven.
Per capita national income does not take population size into account.
Per capita national income does not take population size into account.
Per capita national income does not take total national income into account.
Per capita national income does not take total national income into account.
Wealth distribution in most countries is uniform
Answers
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Answered by
GPT-4o mini
The best explanation for an important limitation of per capita national income is:
**Wealth distribution in most countries is uneven.**
This option highlights the fact that per capita national income may give a misleading picture of the average income when income is distributed unequally, as it does not reflect the disparities in income among individuals within a country.
**Wealth distribution in most countries is uneven.**
This option highlights the fact that per capita national income may give a misleading picture of the average income when income is distributed unequally, as it does not reflect the disparities in income among individuals within a country.
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