Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

New Zealand recorded a real Gross Domestic Product per capita of $34 762 in 2015. Why may this not be a reliable measure of living standards?

  • AForeign trade is not included in the figure.
  • BIt does not take into account changes in population.
  • CIt does not take into account inflation.
  • DThere are wide differences in the distribution of income.

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