which of the following descriptions of gni per capti is true? (course hero)

by Llewellyn Dickens 4 min read

What is the difference between GNI per capita and PPP per capita?

In 2014, if the PPP per capita of China was $13,170 and the PPP per capita of the United States was $55,860, this means that the Multiple Choice a. GNI per capita was greater in China. b. standard of living in China was better.

What is GNI and PPP?

GNI is an adjustment of the purchasing power parity (PPP). c. GNI measures the total dollar amount of imports coming into a nation. d. GNI allows for a direct comparison of living standards in different countries.

Is the GNI per capita in China higher than the US?

In 2014, if the PPP per capita of China was $13,170 and the PPP per capita of the United States was $55,860, this means that the Multiple Choice a. GNI per capita was greater in China.