Question

list any four parameters taht characterize the standard of living of people
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Answer 1

Answer:

It is affected by factors such as the quality and availability of employment, class disparity, poverty rate, quality and housing affordability, hours of work required to purchase necessities, gross domestic product, inflation rate, amount of leisure time, access to and quality of healthcare, quality

Answer 2

Answer:

hey here is your ans

Explanation:

Standard of living is generally measured by standards such as inflation-adjusted income per person and poverty rate. Other measures such as access and quality of health care, income growth inequality, and educational standards are also used.

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