O-LevelEconomicsEconomic development2281/11 · May/June 2015 · Q261 Mark
In rural areas in developing countries, farmers grow food for their own consumption. Why might this mean that the GDP is a weak measure of the standard of living in those countries?
AThe food grown is not exported.
BThe GDP does not include agricultural production.
CThe GDP only refers to the public sector.
DThe value of the food is unknown.
✓ Correct answer
D: The value of the food is unknown.
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