Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

Part 1[20]

The table below presents several key economic data for Mexico in 2020. Gross National Income (GNI) 18.5 billion pesos nominal wages +2.8% disposable income +1.2% unemployment rate 4.2% population growth rate 1.1% inflation rate 3.4% Source: knoema.com Evaluate how useful these statistics are for judging the standard of living in Mexico in 2020.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI