International Comparisons of Per Capita GDP May Not Reflect the Standard

Multiple Choice

International comparisons of per capita GDP may not reflect the standard of living because __________. ​

A) ​currency exchange rates may not fully account for differences in purchasing power, and thus people in a country with high per capita GDP may have a lower standard of living because of high local prices for food, housing, or other necessities.
B) ​people in some countries enjoy poverty and do not mind a lack of access to medicine, education, nutritious food, and safe drinking water.
C) ​markets do not exist in less-developed countries.
D) ​None of the answers above are correct.