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15 May, 19:39

How is the standard of living measured?

a. the GDP plus the GNP

b. by the real GDP per capita

c. total production output per year

d. aggregate supply minus aggregate demand

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Answers (1)
  1. 15 May, 19:57
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    The right answer for the question that is being asked and shown above is that: "d. aggregate supply minus aggregate demand." the standard of living measured is that aggregate supply minus aggregate demand. This is the correct as far as the standard of living is concerned.
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