GDP Per Capita Generally Indicates the Standard of Living Within

question 61

True/False

GDP per capita generally indicates the standard of living within a country with the larger the per capita GDP,the better the standard of living.(Quantifying Elements of Employee Benefits Outside the United States)

---

Definitions:

Difference Threshold

The minimum noticeable difference that a person can detect between two stimuli 50% of the time; also known as the just noticeable difference (JND).

Just Noticeable Difference

The smallest difference in a stimulus that an organism can barely perceive.

Difference Threshold

The minimum difference in stimulation that an individual can detect 50% of the time, also known as the just noticeable difference (JND).

Difference Threshold

The minimum difference in stimulation that a person can detect 50 percent of the time, also known as the just-noticeable difference (JND).