Production of goods and services.
an index determined by measuring the price of standard goods bought by urban consumers
Increasing the availablilty and variety of sonsumer goods
standard of living
standard of value GNP
Production of goods and services.
coordinating and facilitating the acquisition of goods and servises
an index determined by measuring the price of standard goods bought by urban consumers
Increasing the availablilty and variety of sonsumer goods
Standard of Living.
The amount of goods and services that the average citizen can buy is known as a standard of living. The cost of a standard of living varies greatly depending on a number of factors.
Standard of Living
standard of living
standard of value GNP
a country's ability to produce goods and services
unit of account
A standard monetary unit of measurement of the value of goods and services. Example: money