Mr. M explains what Standard of living is and how we use GDP per Capita, Life Expectancy and Literacy Rate to determine it. We also look to answer the following Questions
What is Standard of Living? 1:17
What is GDP? 2:02
What is GDP per Capita? 2:13
What is Literacy Rate? 2:35
What is Life Expectancy? 3:12
How do we determine the Standard of Living? 3:58
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