1 5 points 1. The best measure of comparing economic wellbeing between countries is \( \qquad \) ? \[ \begin{array}{l} \text { Edit View Insert Format Tools Table } \\ 12 \mathrm{pt} \vee \text { Paragraph } \vee \mathrm{B} \quad I \quad \underline{A} \vee \underline{Q} \vee \mathrm{~T}^{2} \vee \end{array} \] a \( \checkmark \) ?
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Hubert A.
The following table shows data from the Organization for Economic Co-operation and Development (OECD) on the average number of hours employed people worked per week and on real GDP per capita for seven countries. $$\begin{array}{|l|l|l|}\hline {} & {\text { Average }} & {\text { Real per }} \\ {} & {\text { Hours }} & {\text { Capita }} \\ {} & {\text { Worked }} & {\text { GDP }} \\ \hline {\text { Germany }} & {26.2} & {\$ 41,007} \\ \hline{\text { Canada }} & {32.8} & {\$ 41,475} \\ \hline{\text { Japan }} & {33.3} & {\$ 34,929} \\ \hline{\text { OECD average }} & {34.0} & {\$ 36,074} \\{(34 \text { nations) }} \\ \hline{\text { United States }} & {34.4} & {\$ 50,429} \\ \hline{\text { Greece }} & {39.6} & {\$ 23,919} \\ \hline{\text { Korea }} & {41.6} & {\$ 32,711} \\ \hline{\text { Mexico }} & {43.0} & {\$ 16,022} \\ \hline \end{array}$$ The average German worker worked 8 fewer hours but earned $\$ 9,000$ less per year than did the average worker in the United States, Can we conclude anything about the well-being of the average German worker versus the well-being of the average worker in the United States from these data? What measures besides average number of hours worked and real per capita GDP would you like to see in evaluating the well-being of workers in OECD countries?
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