yes!
because it is a quick and easy way to find out how developed a country is.
Yes, Japan has a good standard of living compared to many countries.
not good
It's good.
No, Luxembourg has a good standard of living.
High salary Good living standard Good labour condition
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
Similar to other European countries - good.
Stable government, good standard of living and peace.
Real national income when divided by population gives real per capita income,which is an indicator of standard of living.Therefore,national income statistics can be used to compare standard of living between countries and over time.However,there are some obvious snags of using national income statistics.Standard of living is not solely determined by real per capita income.It also depends on oter factors like leisure hours,hours of travel,amount of negative externalities and many more.
it rose at a steady rate.
cubas standard of living is not as economically as stable as other country's but still is more stable than a good percentage of the world.