Question

Fill in the blank with the appropriate word. _____ is the most common way to measure the standard of living in different countries.
A) GDP per capita
B) Nominal GDP
C) Real GDP

Answer 1

Real GDP is the most common way to measure the standard of living in different countries. The correct option among all the options that are given in the question is the third option or option "C". The other choices can be negated. I hope that this is the answer that has come to your desired help.