ANSWERS: 2
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Unless the country is an evil dictatorship, then I sharp increase in it's GDP usually leads to an indirect rise in standard of living.
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Nope. An increase in GDP per capita may only benefit a particular segment of society, like the owners of big corporations. GDP per capita does not reflect the gap between the rich and the poor, since it is just a number obtained by dividing a country's GDP by its population.
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