"traderQAMobileTestAutomationMobileBoostOn" (el-peasant)
03/31/2015 at 21:05 • Filed to: None
0
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"traderQAMobileTestAutomationMobileBoostOn" (el-peasant)
03/31/2015 at 21:05 • Filed to: None | 0
| 9 |
I'm just wondering, what is the main indicator(s) of economic well-being?
Average salary?
Per Capita GDP?
Happiness index?
Average house price?
Inflation?
This car is slightly related to economics.
TheHondaBro
> traderQAMobileTestAutomationMobileBoostOn
03/31/2015 at 21:08 |
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Lotsa money, high income, low expenses, stable job.
djmt1
> traderQAMobileTestAutomationMobileBoostOn
03/31/2015 at 21:09 |
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Ability to eat whatever takes your fancy at any point.
Laird Andrew Neby Bradleigh
> traderQAMobileTestAutomationMobileBoostOn
03/31/2015 at 21:12 |
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Per Country? Or just per individual?
An individual with slightly above average or more in income would surely be well off.
But as a nation.. well, I'd say Gini would be a good way to measure that, but I guess you'd have to compare that with HDI as well then.
RiceOwl
> traderQAMobileTestAutomationMobileBoostOn
03/31/2015 at 21:19 |
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I'm assuming you're asking about this on a macro scale, more in line with a city or country than an individual. If you don't mind, why do you ask?
Inflation : Determined by the Fed in response to other factors. This is kept at a level that balances the obvious dangers of high inflation with the need to constantly lower relative wages.
Home prices : These tend to be determined by the ability/desire of buyers to secure financing, which in a healthy economy inversely related to interest rates. Again, set by the Fed.
Happiness Index: Too subjective
Per Capita GDP : Probably the best measure on this list. As with most economic principles, the trends are more important than the number. Increasing is nearly always good in this case.
Average Salary : This is the second best indicator. It's more subject to skewing by outliers than GDP, and it doesn't account for an area's cost of living.
RedPir8Roberts
> traderQAMobileTestAutomationMobileBoostOn
03/31/2015 at 21:21 |
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Oddly enough, short skirts.
http://www.investopedia.com/terms/s/skirtl…
Your boy, BJR
> traderQAMobileTestAutomationMobileBoostOn
03/31/2015 at 21:26 |
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I'd say the ability to buy your 15 year old a $30,000 sports car is a good place to start
jkm7680
> traderQAMobileTestAutomationMobileBoostOn
03/31/2015 at 21:27 |
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When you don't pay attention to prices at restaurants, and think "oh that's too much."
JQJ213- Now With An Extra Cylinder!
> traderQAMobileTestAutomationMobileBoostOn
03/31/2015 at 21:34 |
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not having to stress about purchases... Not needing financial aid... Getting expensive cars for free.... Not having to really work for anything....
JR1
> traderQAMobileTestAutomationMobileBoostOn
03/31/2015 at 22:51 |
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Depends on you philosophy. I believe the government defines it as combined or solo salary. I believe the line for economic aid from the government is currently around 30k. Could be totally wrong.