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2. For this question refer to gure 1. Consider the following claim: If we accept GDP as a measure of living standards, in France and

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2. For this question refer to gure 1. Consider the following claim: "If we accept GDP as a measure of living standards, in France and Greece we can see that the growth rate of GDP in France from 201'? to 2018 was higher than it was in Greece, and even accounting for changes in prices by using real GDP, it still grew faster. We can therefore conclude that living standards rose faster in France during that period than they did in Greece. " (a) Explain why this statement is not correct . 5 points

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