If you were comparing the economic well-being of two countries and had a choice of using one

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If you were comparing the economic well-being of two countries and had a choice of using one of the following four measures, which one would you choose and why would you choose it?

(a) GDP

(b) Real GDP

(d) Per capita real GDP

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Economics

ISBN: 9780078021800

11th Edition

Authors: Stephen Slavin

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Question Posted: Nov 26, 2015 01:41 AM

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If you were comparing the economic well-being of two countries and had a choice of using one

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I would choose per capita real GDP for two reasons Real GDP removes infl...View the full answer

Economics

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