Analysis of Material Component of the Living Standard of the Population and Specific Features of its Regulation in the National Economy

The article is devoted to analysis of the material component of the living standard of the population. It studies dynamics of income and expenditures of the population for the past five years. It reveals modern tendencies in changes of the living standard. It makes a conclusion that the growth of the material component of the living standard does not reflect real well-being of the population. It offers recommendations with respect to ensuring a maximally possible increase of the living standard of the population through the prism of realisation of the relevant state policy.