What Is the Economic Criterion Most Often Used to Compare

question 15

Multiple Choice

What is the economic criterion most often used to compare living standards across countries?

• A) Real GDP growth.
• B) Unemployment rate.
• C) Incidence of AIDS.
• D) Rate of population growth.
• E) Real per capita GDP.

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Definitions:

Unemployment Rate

The percentage of the labor force that is jobless and actively looking for employment.

Wars Cost

Wars' cost encompasses the economic, human, environmental, and social expenses incurred as a result of warfare, including both direct and indirect impacts on countries and populations involved.

Iraq

A country in Western Asia, known for its rich history as part of ancient Mesopotamia, and for its significant oil reserves and diverse ethnic groups.

Afghanistan

A landlocked country located in South-Central Asia, known for its tumultuous history of conflict and strategic importance in geopolitics.