Nigerias 2008 GNP per capita was $1,170, almost six times that of neighboring Nigers $200. What other
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Nigeria’s 2008 GNP per capita was $1,170, almost six times that of neighboring Niger’s $200. What other assessments of socioeconomic welfare (other than GNP per capita in U.S. dollars at the prevailing exchange rates) could be used in comparing Nigeria and Niger? What are the advantages and disadvantages of these alternative assessments?
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