Measurments of GPD and indicators of living stnadards

the total output produced in a country

GDP + net income from abroad

GDP - depreciation

gross national income (GNI) - depreciation

a way of comapring international living standards by using an exchange rate based on the amount of each currency needed to purchase the same basket of goods and services

a composite measure of living standards that includes GNI per head education and life expectancy

a composite measure of living standards that adjusts GDP for factors that reduce living standards and factors that improve living standards (enviornmental damage or increased leisrure time )

a composite measure of deprivation in terms of the proportion of households that lack the requirments for a reasonable standard of living

measures indicators of standard of living education and health