Answer-Which of the following countries had one of the highest GDP per capita (PPP) ratios in the world bas...

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Understanding GDP per Capita PPP    GDP per Capita This is the total Gross Domestic Product of a country divided by its total population. It provides an average measure of economic output per person.   PPP Purchasing Power Parity This adjustment accounts for the differences in the cost of living and inflation rates between countries. It allows for a more accurate apples-to-apples comparison of real living standards by measuring what a local currency can actually buy in its home market.        Analyzing the Options    Luxembourg Correct Luxembourg consistently ranks near the top of global lists often 1 or 2 alongside Ireland. In 2022, its GDP per capita PPP exceeded 140,000 . Its high ratio is driven by a massive financial services sector and a large number of cross-border workers who contribute to the GDP but are not counted in the resident population divisor.   India While India has a high total GDP, its massive population results in a relatively low GDP per capita PPP, which was approximately 8,300 to 9,000 in the 2022-24 period.   Brazil Brazil is a major emerging economy, but its GDP per capita PPP sits in the middle-income range, roughly 18,000 to 20,000 during this timeframe.   Nigeria As a developing nation, Nigerias ratio is lower, typically hovering around 5,000 to 6,000 PPP.        Conclusion Small, highly developed nations like Luxembourg, Ireland, Singapore, and Qatar dominate the high per capita GDP PPP rankings. Among the choices provided, Luxembourg is the only country that fits the high criteria exceeding 100,000 international dollars.

Which of the following countries had one of the highest GDP per capita (PP

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