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What else can I help you with?
How do I figure the amount of retirment income I need?
Retirement income is usually estimated as a percentage of your income from your working years. Normally 80% of your income is needed to maintain your standard of living
What are some of the limitations of the national income account in how they represent your standard of living?
the limitation that effect national income is base standard of living in the country if the country have a good policy of economic definitely the standard of living will be balance
An increase in the standard of living results from an increase in what?
an increase in standard of living comes from increase in income. An increase in national income will increase the standard of living of the people of that nation.Income
Advantages of using per capita income to measure standard of living?
One of the advantages of using per capita to measure a standard of living is that this gives you the average per person. In this way, one can still guess what the greater and lesser living expense is while still understanding the mean expense.
What relationship exists between literacy rate and the standard of living?
The higher the standard of living the greater the literacy rate
What relationship exists between literacy rate and the standard living?
The higher the standard of living the greater the literacy rate
How are standard of living and GDP related?
Usually, the higher the GDP, the higher the standard of living.
The industrialization of a country involves an economic switch away from a based economy?
Industrialization is usually associated with a greater average income and improved living standards.
Why increase in national income affect increase in standard of living?
An increase in national income affects the increase in the standard of living because an increase in income increases the standard of living. When the national income is low, people are poorer.
What is the median income in Portugal?
The Living Standard of Portugal is very high. It is a developed country with the 34th highest living standard in the world. Its living standard is comparable with that of Qatar or the Czech Republic.
What is the developed country and the developing country?
The income level and standard of living
What is the minimum income needed to support a household called?
the standard of living
