Governments want statistics about the standard of living. They assess the value of material goods and services. Non-material characteristics that influence the standard of living are not easy to measure. What is an example of a non-material characteristic?
- Athe failure to include unpaid work in the home
- Bthe freedom to make informed economic choices
- Cthe proportion of GNP used for weapons of war
- Dthe removal of taxes from all forms of consumer expenditure