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SOVA2 [1]
3 years ago
15

_____ is the most common way to measure the standard of living in different countries. GDP per capita Nominal GDP Real GDP

Business
2 answers:
Lady bird [3.3K]3 years ago
8 0

The answer is GDP per capita. The Gross Domestic Product just shows the wealth of a nation as  a whole since GDP is the value measure of the all the final goods and services produced over a period of time by a country. GDP per capita shows the average wealth per person (hence involves dividing the GDP of a country by its population).

eduard3 years ago
8 0
Just using GDP because GDP per capita is counting by people
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