Why Is Per-Capita Income NOT Always the Best Indicator of an Emerging

question 65

Essay

Why is per-capita income NOT always the best indicator of an emerging market's potential? What does the concept of purchasing power parity (PPP) suggest?

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Definitions:

Neutrons

Subatomic particles found in the nucleus of an atom that have no electric charge.

Mass Number

The total number of protons and neutrons in an atom's nucleus, indicating the mass of the atom.

Atomic Number

The number of protons in the nucleus of an atom, which determines the chemical properties of an element.

Protons

Positively charged particles found within the nucleus of an atom.