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f) Comment on whether, in your opinion, a high level of GDP and GDP growth necessarily imply a higher quality of life and standard
f) Comment on whether, in your opinion, a high level of GDP and GDP growth necessarily imply a higher quality of life and standard of living for a nation's citizens? Does higher GDP per capita also necessarily imply happier citizens? Which statistics other than GDP per capita might you want to assess if you were interested in gaining a better understanding of a countries standard of living? Why?
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
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