3 ms·
That tells you about the standard of living, but not about economic output.
by TulliusCicero 7y ago
That tells you about the standard of living, but not about economic output.
- CompanionCuuube 7y agoAn utter neglect of the Purchasing Power Parity and standard of living of the citizens also tells a lot. In the US where capitalism dominates, the economic output is a better measure of the enrichment of the wealthy unless you believe in something like "trickle down".