Economics:
Economics:
10th Edition
ISBN: 9781285859460
Author: BOYES, William
Publisher: Cengage Learning
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Chapter 17, Problem 2E
To determine

(a)

Per capita GNP or GDP is used as an absolute measure of poverty.

Criticisms of using per capita GNP as a measure of standard of living.

To determine

(b)

Per capita GNP or GDP is used as an absolute measure of poverty

Criticism applied to a quality −life index.

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