Discussion Post
a) How do we measure and compare living standard?
b) Is real GDP per capita a perfect measure of living standard? Why?
c) Share your thought on how to measure and compare living standard and quality of life.
Watch the YouTube Video: "Is GDP the wrong yardstick for measuring prosperity?"
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.