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For comparing countries, their ____ is considered to be one of the most important attributes.

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Detailed Solution

To compare countries, income is taken as the most important attribute. The higher the income of a country, the more developed it is. However, total income is not applicable; instead, per capita income is used to determine whether one country is better off than another. Per capita income, also called average income, is determined by dividing total income by the total population of that country. It tells us what an average person is likely to earn and if he is better off being in that country.

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For comparing countries, their ____ is considered to be one of the most important attributes.