Explain how our standard of living depends upon our level of real GDP per person but there might not be a one-to-one relationship between the standard of living and real GDP per person.Give examples of things that can effect one but not the other.

Question

Quizplus · Accepted Answer

The Answer of Explain how our standard of living depends upon our level of real GDP per person but there might not be a one-to-one relationship between the standard of living and real GDP per person.Give examples of things that can effect one but not the other.

Explain How Our Standard of Living Depends Upon Our Level