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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.
No we cannot measure the living standard of any country through the use of automobiles.
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hati
Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.
yes!
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.
well, if you mean: "Can a country's standard of living decline?" then in answer to that question i would say yes, a country's standard of living can decline, anything can get worse no matter what it is
Romania has a lower standard of living.
No we cannot measure the living standard of any country through the use of automobiles.
The Standard of Living in Kenya is the 147th highest in the world. It is considered a developing country. Its standard of living is comparable to that of Bangladesh and Haiti.
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
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hati
The income level and standard of living
Italy has a high standard of living, the 18th highest in the world and the 13th in Europe. It is a developed country with the living standard equivalent to that of Liechtenstein.
Still considered a developing country, Costa Rica has the highest standard of living in Central America.