1.(a)Suppose the nominal per capita GDP of Country A is higher that that of Country B.Why cannot we determine that the living standard of Country A is generally higher than that of Country B?Give 2 reasons.
(b)Suppose the ral consumption expenditure per capita of Country A id higher than that of Country B.Why can we not determine that the living standard of Country A is generally higher than that of Country B?Given 2 reasons.