1.20. You find that real GDP per capita in Burundi is $800 while real GDP per capita...

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1.20. You find that real GDP per capita in Burundi is $800 while real GDP per capita in the United States is $50,000.

What is misleading about these figures when comparing standards of living? (LO25-4)

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Economics

ISBN: 9781259193156

10th Edition

Authors: David Colander

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Question Posted: Oct 17, 2024 02:00 AM

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1.20. You find that real GDP per capita in Burundi is $800 while real GDP per capita in the United States is $50,000. What is misleading about these figures when comparing standards of living?...
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1.20. You find that real GDP per capita in Burundi is $800 while real GDP per capita...

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Economics

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