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Explain at least 3 reasons why GDP per capita isnt a perfect indicator of the standard of living.
Explain at least 3 reasons why GDP per capita isn’t a perfect indicator of the standard of living.
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Although GDP per capita is a widely used indicator of a nations standard of living it has limits and might not give a full picture of the general well...
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Macroeconomics Canada in the Global Environment
Authors: Michael Parkin, Robin Bade
8th edition
321778103, 978-0321808370, 321808371, 978-0321778109
