To me, one of the more important aspects of studying macroeconomics has to do with how it influences standards of living throughout the world. What I would like you to do for this assignment is to list 5 criteria that YOU feel influence one’s standard of living, with a brief (one or two sentences) explanation as to why. There are no right or wrong answers for this assignment, and I plan on taking your answers and presenting them collectively to the class (without identifying who wrote them).
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