PrestonSatterly332 PrestonSatterly332
  • 22-07-2015
  • History
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How do we precisely measure the standard of living in a nation or economy?

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HistoryGuy HistoryGuy
  • 27-07-2015
In order to precisely measure the standard of living in a nation or economy we look at per capita GDP, which takes in the gross domestic product for each individual, not the nation as a whole. 
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