Compare your findings from Question 1, parts (a) and (b). Does a bigger economy always imply a higher standard of living for a country? Explain with reference to the three pairs of countries. (Your answer must include an explanation of the relationship between the variables you have chosen to determine the size of the economy and the standard of living.)GDP/ Capita, GDP/ Capita, Winner yearly yearly growth growth Country Pair Vietnam 4.33 Bolivia 4.81 Bolivia A Country Pair China 7.14 Ukraine 0.227 China B Country Pair Spain -0.888 New Zealand 1.46 New Zealand CGDP Total, GDP Total, Winner yearly yearly growth growth Country Pair Vietnam 5.41 Bolivia 6.46 Bolivia A Country Pair China 7.6 Ukraine -0.316 China B Country Pair Spain -0.314 New Zealand 2.52 New Zealand C