The Forbes Billionaires List: Africas Billionaires 2020 Africas billionaires are richer than a year ago. As a
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The Forbes Billionaires List: Africa’s Billionaires 2020 Africa’s billionaires are richer than a year ago. As a group, the continent’s 20 billionaires are worth
$73.4 billion, an increase of $4.7 billion from a year ago. One third of Africans earn about $2 a day.
a. Why might GDP per person misrepresent the standard of living of the average African?
b. Why might $2 a day underestimate the standard of living of the poorest Africans?
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