GDP per capita is generally lower, and poverty rates are generally higher, in countries with lower standards of living.
economists prefer to compare real gdp figures for different years instead of comparing nominal gdp figures. why?
Economists compare the standard of living in two different countries primarily through metrics such as Gross Domestic Product (GDP) per capita, which adjusts for population size, and Purchasing Power Parity (PPP), which accounts for cost of living differences. They also consider indicators like income distribution, access to healthcare, education, and quality of life measures. By analyzing these factors, economists can assess not just the economic output but also the overall well-being of the populations in each country. This comprehensive approach allows for a more accurate and nuanced comparison.
Population
becase it constly changeing
by comparing real GDP per capita
economists prefer to compare real gdp figures for different years instead of comparing nominal gdp figures. why?
The FBI collects data used by researches to compare crime in different countries.
The different countries of the world can be compared with the non-profit website of Nationsonline. Countries can be compared by their locations and timezones.
Population
becase it constly changeing
The cash flow is different in different countries because of the econmoy. Depending the value of the currency some countries would greater cash flow compare to poor countries.
Standards are important because it helps businesses become consistent. With a standard, investors can care financial documents of different companies easier.
One can compare the statistics of email marketing for different countries from the following sources: Email Vision, Smart Insights, Email Monday, Mobiliz Email, Exact Target, eMarketer.
Some are different, some are the same, you would have to ask about two specific countries to compare.
A billion dollar question to which i have no answer
by comparing real GDP per capita
i dont get much tym to do so...... lol :x