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Q: Which kind of economic system is best for raising a country's standard of living?
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What does a standard of living measure?

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


What is the level of economic prosperity called?

standard of living


What are levels of economic prosperity?

Standard of living


The economic boom of the 1950s raised the?

Standard of Living


What has the author Pierre Fortin written?

Pierre Fortin has written: 'The Canadian standard of living' -- subject(s): Economic policy, Economic conditions, Cost and standard of living


Does the increase in the GNP reflect the standard of living and economic welfare?

An increase in the GNP does not always reflect the standard of living and economic welfare of the general population, though it usually does.


How do you use a sentence using the word standard living?

There was a generally higher economic standing and standard of living in New England than in the Chesapeake.


A major argument for economic growth is that it?

leads to a higher 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


What played a role in raising the standard of living for many Americans during the 1920s?

lower taxes and higher wages


Why are countries with more economic freedom have a higher standard of living?

because of this countries follow of global economics and free trade, and standard of living follow free market.


What system that distributes its resources and contributes to the standard of living and quality of life of its citizens?

Economic