Which adjustments to real GNP per head might make it a more reliable indicator when comparing standards of living in different countries?
- A adjustments to allow for differences in the level of government spending in different countries B adjustments to allow for differences in the rates of inflation in different countries C adjustments to allow for differences in the size of the hidden economy in different countries D adjustments to allow for differences in the value of exports from different countries[1]
Mark scheme
Marking points from the official mark scheme (Feb/Mar 2019). The mark or mark type is shown in brackets.
- [1] C
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