The standard of living in a country is represented by its:

Related MCQs

• In economics, Gold Standard is the monetary system where in all form of legal tender may be converted on demand, into fixed quantities of gold. In 1816, the first country to go on the gold standard was:
• An individual's actual standard of living can be assessed by -
• If a country devalues its currency, its - (1)
• The goods and services produced by one country that are sold in exchange for the second country’s own goods and services or for foreign exchange are called
• Claims on another country held in the form of the currency of that country are known as:
• Funds that flow into a country to take advantage of favourable rates of interest in that country are known as
• What is the term used for the flow of goods and services that enter for sale into one country and which is product of another country?
• The lowest number of people living below the poverty line among the SAARC Countries are in:
• According to a recent report of International Labour Organization (ILO) the number of people in the World living on two dollars or less a day are:
• An index (index number) of the prices of goods and services purchased by consumers to measure the inflation rate or the cost of living is called