What are the financial or economic factors used to compare different c

1.	What are the financial or economic factors used to compare different countries and states?
Answer» Answer: Explanation: It is common to USE GDP as a MEASURE of economic welfare or standard of living in ... First, the GDP of a COUNTRY is measured in its own currency: the United States uses. To compare the GDP of countries with different currencies, it is NECESSARY to still quite poor relative to the United States and other developed countries.

What are the financial or economic factors used to compare different countries and states?

Answer»

Answer:

Explanation:

It is common to USE GDP as a MEASURE of economic welfare or standard of living in ... First, the GDP of a COUNTRY is measured in its own currency: the United States uses. To compare the GDP of countries with different currencies, it is NECESSARY to still quite poor relative to the United States and other developed countries.

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What are the financial or economic factors used to compare different countries and states?

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