A-LevelEconomicsNational IncomeOct/Nov 2017Paper 3 Q191 Mark
How might real GNP per head be adjusted to make it a more reliable indicator when comparing standards of living in different countries? A adjustments to allow for differences in population size in different countries B adjustments to allow for differences in rates of inflation in different countries C adjustments to allow for differences in the relative size of the hidden economy in different countries D the use of market exchange rates rather than purchasing power parity exchange rates
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