GDP / GNI as a measure of living standards
This page contains the student access activities for the teacher page: GDP / GNI as a measure of living standards Bigmac index - an index used to measure the purchasing power parity (PPP) between two currencies. Purchasing power parity - a theory that measures the average price level in different countries and is widely used when comparing the GDP of different countries. OECD better life index - an index which allows...