Which of the following supports the use of real GDP per person as a measure of a country's living standard?

Question

I. Countries with high real GDP per person (that is, industrialized countries) often have better health and life expectations than countries with low real GDP per person (that is, developing countries).

II. Countries with high real GDP per person have a negligible percentage of people who are undernourished, while countries with low real GDP per person have a significant percentage of people who are undernourished.

III. Countries with high real GDP per person have a higher ratio of doctors to people than countries with low real GDP per person.

A. I and II only

B. All three are measures of economic well-being.

C. III only

D. I and III only

E. II only

Answer 1

B. All three are measures of economic well-being.

They all associate a high real GDP per person with quality of life indicators, such as quality of healthcare.