Which of the following do we get when we divide thenational income of a country by its total population?[1](i) Per Capita Income(ii) Gross Development Product(iii) Human Development Index(iv) None of the above

Per Capita income is calculated by dividing the national income by

Per capita Income is also known as [1](i) Average income(ii) National Income(iii) Gross Income(iv) Personal Income

Per capita GDP is a country's GDP divided by population.Group of answer choicesTrueFalse

GROSS NATIONAL INCOME PER CAPITAAND HUMAN DEVELOPMENT INDEXFOR SELECTED COUNTRIESCountry Gross National Income per Capita Human Development IndexNorway 63,980 0.94Australia 47,160 0.93Canada 46,070 0.91South Korea 38,340 0.90Argentina 20,270 0.83Brazil 15,160 0.76South Africa 13,090 0.69India 7,060 0.64Kenya 3,250 0.59Source: World Bank, United Nations Development Programme, 2017Based on the data in the table, which of the following statements explains a limitation of using gross national income per capita compared to the Human Development Index as a measure of development?ResponsesUsing gross national income per capita in a composite measure of development does not allow for cross-national comparisons of purchasing power, a key indicator of development.Using gross national income per capita in a composite measure of development does not allow for cross-national comparisons of purchasing power, a key indicator of development.Using gross national income per capita as a measure of development puts too much importance on economic production as the sole measure of development.Using gross national income per capita as a measure of development puts too much importance on economic production as the sole measure of development.The importance of gross national income per capita as a measure of development is reduced because it factors in life expectancy and education with the value of economic production.The importance of gross national income per capita as a measure of development is reduced because it factors in life expectancy and education with the value of economic production.Gross national income per capita does not factor in population and therefore reduces the overall accuracy as a measure of development.Gross national income per capita does not factor in population and therefore reduces the overall accuracy as a measure of development.The differences in gross national income per capita as a measure of development are less exaggerated between more developed countries than between less developed countries.

Based on the data in the table, which of the following statements explains a limitation of using gross national income per capita compared to the Human Development Index as a measure of development?ResponsesUsing gross national income per capita in a composite measure of development does not allow for cross-national comparisons of purchasing power, a key indicator of development.Using gross national income per capita in a composite measure of development does not allow for cross-national comparisons of purchasing power, a key indicator of development.Using gross national income per capita as a measure of development puts too much importance on economic production as the sole measure of development.Using gross national income per capita as a measure of development puts too much importance on economic production as the sole measure of development.The importance of gross national income per capita as a measure of development is reduced because it factors in life expectancy and education with the value of economic production.The importance of gross national income per capita as a measure of development is reduced because it factors in life expectancy and education with the value of economic production.Gross national income per capita does not factor in population and therefore reduces the overall accuracy as a measure of development.Gross national income per capita does not factor in population and therefore reduces the overall accuracy as a measure of development.The differences in gross national income per capita as a measure of development are less exaggerated between more developed countries than between less developed countries.