2.1.1 Measures Of National Income Flashcards by Amelia Beth | Brainscape

Q

Big Mac Index

A

A way to measure Purchasing Power Parity between currencies

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Q

Subjective Happiness

A

Self-reported levels of happiness with one’s life

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Q

Easterlin Paradox

A

Concerns whether we are happier and more contented as our incomes per capita improve

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