If Country A and Country B have the same population size, then the standard of living in these two countries can still be different depending on:
A)their respective political systems.
B)their respective inflation rates.
C)their relative geographic size.
D)the relative sizes of total output.

Question

Quizplus · Accepted Answer

Because of population growth, increases in total output cannot be equated with improvements in the general standard of living. Instead output per person is a better indicator of the average living standard. So two nations with the same population size can have different living standards if the level of output produced and shared within each nation is different.

If Country a and Country B Have the Same Population