Question

In: Economics

Which of the following is not evidence of the lower standard of living among less-developed countries?...

Which of the following is not evidence of the lower standard of living among less-developed countries? a. high percentage of households headed by females b. high per capita real GDP c. low life expectancy d. high infant mortality rate

Solutions

Expert Solution

Answer is b i.e. High per capita real GDP is not an evidence of the lower standard of living among less developed countries

Explanation:

Life expectancy is the average period that a person may expect to live.

Infant Mortality rate: Infant mortality rate (IMR) is the number of deaths per 1,000 live births of children under one year of age.

Female headed households shows the percentage of households with a female head

Low life expectancy and high mortality rate are some of the evidences of lower standard of living in a country. Also, it has been seen that female family headed tends to be poorer as compared to male headed family in less developed countries. Thus it could be an evidence of low standard of living among less developed countries.

Now,

Real GDP per capita means Real GDP or Real income divided by total of population. Thus its shows that on an average what is the real income that each individual is getting in a country. Therefore if real GDP per capita is increasing then each individual is getting higher income which is not an evidence of low standard of living.    


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