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Consider the average living standards in the United States and Mexico. We can conclude that the standard of living is higher in United States
Consider the average living standards in the United States and Mexico. We can conclude that the standard of living is higher in United States than Mexico because Differences in nominal GDP adjusted for changes in prices do impact differences in standards of living O There has been higher growth in nominal GDP adjusted for changes in prices in Mexico compared to the United States There has been higher growth in nominal GDP in Mexico compared to the United States O There has been higher growth in nominal GDP in the United States compared Mexico All the other answers are incorrect
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