How measure and compare living standard and quality of life


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.

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Macroeconomics: How measure and compare living standard and quality of life
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