A good measure of the standard of living usually used for international comparison is

a

gross natioal income (GNI)

b

net national income (NNI)

c

gross national product (GNP)

d

gross domestic product (GDP)

e

per capital income (PCI)

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e

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Discussions (5)

PuertoSans
9 years ago

The correct answer is D.

Deepthinker581
4 years ago

D not E if at all no D in the option then it should be A
generally accepted measure for standard of living: average real gross domestic product (GDP) per capita. Let's break it down piece by piece: GDP measures annual economic output — the total value of new goods and services produced within a country's borders. Real GDP is the inflation-adjusted value.

Vansilva
6 years ago

GDP

Standard of living is the amount of goods and services available to purchase in a country. Real GDP per capita and Gross National Income per capita are the two most common ways to measure the standard of living. GDP measures all transactions within a country's boundary, while GNI includes those who live abroad

Vansilva
6 years ago

GDP
Standard of living is the amount of goods and services available to purchase in a country. Real GDP per capita and Gross National Income per capita are the two most common ways to measure the standard of living. GDP measures all transactions within a country's boundary, while GNI includes those who live abroad

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