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WAEC Economics 2021 Objective — Question 33

Question 33 of 50 from the West African Examinations Council (WAEC) Economics 2021 Objective paper, with the correct answer and a full explanation.

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33. The standard of living in two countries can be compared using the

  • A. number of industries in each country.
  • B. size of their arms and ammunition.
  • C. size of their national incomes only.
  • D. gross national product per head.Correct

Explanation

GNP per capita (per head) accounts for population size, making it a fairer measure for comparing living standards between countries.

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