A-LevelEconomicsMacroeconomic IndicatorsOct/Nov 2019Paper 3 Q201 Mark
In 2015 New Zealand had a real Gross Domestic Product per capita of $34 762. Why might this figure not be a good indicator of living standards? A Foreign trade is not included in the figure. B It does not take into account changes in population. C It does not take into account inflation. D There are wide differences in the distribution of income.
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