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Economics quiz #2 Flashcards | StudBud
Economics quiz #2
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Why is GDP per capita used as an indicator of a country's standard of living?
A
It reflects the number of people unemployed in a country.
B
Shows the average income per person giving insight into economic well-being
C
It measures the total value of a country's exports and imports
D
It calculates the total amount of government spending.
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