Study Notes
Measuring the Standard of Living
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 19 Dec 2020
What is the standard of living?
The standard of living measures our material welfare. The baseline measure is real national output per head of population or real GDP per capita or gross national income per capita
Exam technique - GDP and measuring standard of living:
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