Answer: Europeans have among the highest standard of living in the world.
Explanation:
The statement that best describes the standard of living in Europe is that Europeans have among the highest standard of living in the world.
It should be noted that when taking into account the income, purchasing power and the cost of living, of most European countries, they are better than that of their counterparts in other parts of the world.
Countries such as Denmark, Sweden, Norway, Switzerland, Netherlands, and Finland are ranked among the top ten countries in the quality of life ranking.
