A development agency sees that Country Merin has a high GDP per capita and concludes that almost everyone in the country must have a high income.
Why may this conclusion be incorrect?
GDP per capita is an average, and high incomes received by a small group may conceal the low incomes of most households
GDP per capita uses the income of a household of average size, which may not represent larger or smaller households
GDP per capita measures the gap between the highest and lowest household incomes, without showing either household's income
GDP per capita totals all household incomes without adjusting for population, so populous countries tend to have higher figures