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Last year country a had a nominal gdp of $600 billion, a gdp deflator of 150 and a population of 40 million. country b had a nominal gdp of $720 billion, a gdp deflator of 120 and a population of 50 million. from these numbers which country is likely to have had the higher standard of living?
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Last year country a had a nominal gdp of $600 billion, a gdp deflator of 150 and a population of 40...
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