Which of the Following Tools Is Used to Compare the Income

question 18

Multiple Choice

Which of the following tools is used to compare the income per capita across countries?

• A) The production possibilities frontier
• B) The purchasing power parity (PPP)
• C) The headcount index
• D) The GDP deflator

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Definitions:

Archetypes

Universal, instinctive themes and symbols present in the collective unconscious, proposed by Carl Jung, that shape human experiences and behaviors.

Humanistic

Pertaining to a psychological perspective that emphasizes individual potential for growth and the importance of human values.

Psychoanalytic

Relating to a theory and therapy developed by Sigmund Freud that emphasizes unconscious psychological processes and contends that childhood experiences are crucial in shaping adult personality.

Cognitive-Behavioural

A therapeutic approach combining cognitive and behavioral techniques to alter maladaptive thoughts and behaviors.