The degree to which people have access to goods and services that make their lives easier, healthier, safer, and more enjoyable is called the:
A)microeconomic standard.
B)global standard.
C)scarcity standard.
D)standard of living.

Question

Quizplus · Accepted Answer

Standard of living, regularly measured as Real GDP per capita, indicates how much the average person produces and thus, how much goods and services are available to the typical person.

The Degree to Which People Have Access to Goods and Services