Respuesta :
Answer:
The standard of living in a country
Explanation:
The GNI and Purchasing Power determine the standards of living. The GNI estimates the present estimation of products and enterprises delivered by a nation. The PPP estimates the relative power a government needs to buy that equivalent merchandise and enterprises. In this way, GNI alludes to gainful yield, and PPP alludes to purchasing power.
Different models of "global stratification" all make them think in like manner: they rank nations as indicated by their relative financial status, or "gross national item (GNP)".
Gross national income divided by purchasing power parity, helps measure the standard of living in a country
Gross national income is the total earnings of the an economy's people.
Gross national income = Gross national product + net money flow
Purchasing power parity is based on the law of one price. It states that the when the purchasing power of an economy is the same, the exchange rate is in equilibrium
Standard of living of a country measures the wellbeing of the people in a country. It can be determined by dividing gross national income with purchasing power parity or dividing gross national product by population. The higher the metric, the higher the standard of living of a country.
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