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riadik2000 [5.3K]
2 years ago
8

Canada's gdp – that canadians have the eleventh-best standard of living. a nation's – is a better standard-of-living indicator,

because it measures –. using this measure, it looks like canada has a better standard of living than all but one other nation.
Business
1 answer:
ludmilkaskok [199]2 years ago
7 0
<span>Canada's GDP does not indicate that Canadians have the eleventh-best standard of living. A nation's per capita GDP is a better standard-of-living indicator, because it measures average income. Using this measure, it looks like Canada has a better standard of living than all but one other nation.
</span>
<span>GDP per capita is the PPP value of all final goods and services produced within a country in a given year divided by the average population. </span>
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