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Q: What is Volgograd's standard of living?
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Continue Learning about Economics

How do computers improve the standard of living?

Computer's are the new standard living


What does a standard of living measure?

A standard of living measure is the economic position of the individual.


How are standard of living and GDP related?

Usually, the higher the GDP, the higher the standard of living.


What is meant by a country's standard of living?

The standard of living of a country can not only be judged from the national income of that country but what is important that how people are living in that country .This can be known by the educational attainment, life expectancy and the standard of living of people etc.


What are the five kinds of standard of living in Philippines?

poverty standard, bare-living, decency, comfort, luxury .