Question

_____ is the most common way to measure the standard of living in different countries.
A) GDP per capita
B) Nominal GDP
C) Real GDP

Answer 1

My guess is real GDP? @dmndlife24 @OliviaDanielle222 @Destinyyyy

Answer 2

That's a hard one...but i would think its GDP per capita because its per person
@Algorithmic

Answer 3

http://arnoldkling.com/econ/GMU/GDPmeasure.html Here it answers it word by word :)

C) Real GDP is right

Thanks!

Answer 4

http://arnoldkling.com/econ/GMU/GDPmeasure.html
"GDP per capita is the usual measure of the standard of living"

@OliviaDanielle222 you may want to read that article again :)

Answer 5

haha yeah "most common" and "usual measure" mean the same in this context/ question. It's not like you gave any for sure facts or sites to back up your answer. @dmndlife24 js :P

Answer 6

http://prntscr.com/7fxvvd Lmao well obviously you didn't even bother to look at my comment @OliviaDanielle222