Measured in constant U.S. dollars, country A's real GDP is much higher than country B's real GDP. Therefore, country A must be better off than country B.

Question

Quizplus · Accepted Answer

While a higher real GDP can be an indicator of economic strength, it does not necessarily translate to overall well-being or quality of life. Factors such as income inequality, access to healthcare and education, and political stability also play a significant role in a country's overall prosperity.

Measured in Constant U