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If One Is Interested in Comparing the Economic Well-Being of Citizens

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If one is interested in comparing the economic well-being of citizens across countries which of the following measures would be the most useful: nominal GDP,real GDP,or real GDP per capita? Explain.

If one is interested in comparing the economic well-being of citizens across countries which of the following measures would be the most useful: nominal GDP,real GDP,or real GDP per capita? Explain.

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Real GDP is preferred over nominal GDP s...

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