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GDP per capita can be used to compare living standards across countries because:

A. GDP per capita can tell you exactly how much every person in a country owns.
B. GDP per capita data includes healthcare outcomes.
C. GDP per capita data is correlated with other measures of well-being that we care about, like life expectancy, literacy, and happiness.
D. GDP per capita CANNOT tell you anything about living standards.


Sagot :

Final answer:

GDP per capita is a crucial indicator for comparing living standards across countries, offering insights into the average well-being and material standards of living.


Explanation:

GDP per capita is a valuable metric for comparing living standards across countries because it provides an indication of the average well-being of individuals in a country. It allows for comparisons between nations with varying population sizes and offers insights into the material standards of living experienced by the populace.


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