Question

In the country of Poor, GDP per capita at purchasing power parity is $40.000. In the country of Rich GDP per capita at purchasing power party is $60,000. What is NOT a reason someone might want to live in Poor instead of Rich? Select one: O a. It's possible that in the country of Rich, a few people have most of the money. If that was true, then most people might actually be ablevo buy more goods and services in Poor. O b. All of these are reasons someone might prefer to live in Poor c. Prices will be lower in Poor, so after adjusting for this people might be able to buy more goods and services in Poor even though people have more money in Rich d. There might be more pollution in Rich e. People in Poor might have more Vacation than people in Rich

Answer 1

Second option is correct

It is true that the average income in Poor is a relatively lower but it might be possible that there is relatively low income inequality. due to this reason more people are willing to live in this country because they can spend more with higher income. In Rich, average income is relatively greater but there is higher income inequality due to which only few people can spend on desired goods and services. people are also willing to live in a place where there is less pollution and when they can enjoy more vacations with relatively low income.