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anon_ch posted a question Nov 14, 2013 at 1:46am
Is it possible for an economy to experience economic growth as measured by total G.D.P. without a commensurate rise in the standard of living? How might this affect a marketing strategy in an emerging market?

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answered the question Nov 14, 2013 at 7:55am
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It is not possible for an economy to experience its economic growth and to measure it by
total gross domestic product without commensurate rise in its standards of living because GDP
rate of a...


"need some clarity though"