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Which of the following is used to calculate the standard of living?

Mohammed6

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5 years ago

Which of the following is used to calculate the standard of living?

Which of the following is used to calculate the standard of living?
A) real GDP/population
B) ((real GDP in the current year - real GDP in previous year)/real GDP in previous year) 100
C) the one-third rule
D) real GDP/aggregate hours

Textbook

Macroeconomics

Macroeconomics

Edition: 12^th

Author: Parkin

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Harvinder

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