Question

Which of the following would be considered a good starting point for measuring a nation’s quality of life?

intermediate goods

aggregate supply

real GDP per capita

business cycle

Answer 1

The answer should be real GDP per capital. This is the "normal" yield of the economy per individual measured in a base year costs. This proportion is frequently utilized as a measure of way of life in correlations after some time of one nation, or between various nations when measured in a similar cash.