Economics (AS & A Level) · May / June 2026 · Paper 32 · Question 27

The data shows figures extracted from the 2020 UN Human Development Report. [table: country | GNI per capita (PPP $) | Human Development Index; US | 63826 | 0.926; Australia | 48085 | 0.944] What could be concluded from the data?

1. AAustralia has a higher living standard than the US.
2. BAustralia has a lower inflation rate than the US.
3. CThe US has a bigger population than Australia.
4. DThe US has a greater national income than Australia.

As printed in the paper