Which of the Following Statements Is the Best Justification of the Use

question 9

Multiple Choice

Which of the following statements is the best justification of the use of GDP per capita to compare welfare between nations?

• A) GDP per capita is commonly used as a measure of welfare so it must be a valid measure.
• B) GDP per capita is independent of the country's currency so it is not subject to change due to variations in exchange rates.
• C) GDP per capita is calculated in a consistent and reliable way so it is not subject to measurement errors.
• D) GDP per capita is highly correlated with alternative measures of quality of life .

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Definitions:

Progressive Era

A period of widespread social activism and political reform in the United States that spanned from the 1890s to the 1920s.

Prostitution Control

Legal and social measures taken to regulate or manage the practice of sex work, varying greatly between different jurisdictions.

Prohibition

A period in the United States from 1920 to 1933 during which the manufacture, sale, and transportation of alcoholic beverages were banned nationwide under the 18th Amendment to the Constitution.

Federal Trade Commission

A federal agency established to enforce antitrust laws and promote consumer protection in the United States.