What is the yardstick most often used to compare living standards across nations?
A) average production cost per unit
B) sales revenue per month
C) output per capita
D) imports per year

Question

What is the yardstick most often used to compare living standards across nations?  
A) average production cost per unit 
B) sales revenue per month 
C) output per capita 
D) imports per year

Quizplus · Accepted Answer

The yardstick most often used to compare living standards across nations is output per capita, which is a measure of a country's economic output (GDP) divided by its population. This takes into account both the size of a country's economy and its population, thus providing a more accurate comparison of living standards between countries. Choices A, B, and D are not relevant indicators for measuring living standards.

What Is the Yardstick Most Often Used to Compare Living