When comparing per capita income between two countries, what factor can lead to a misleading conclusion?

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AThe exchange rate between the two currencies.

BThe total GDP of each country.

CThe population growth rate of each country.

DSignificant differences in the cost of living

Answer:

A higher per capita income in one country might not mean people are better off if the cost of living is also significantly higher, as their purchasing power may be lower.

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