Economics · May / June 2024 · Paper 11 · Question 21

Subsistence farming is the practice of growing crops and raising livestock sufficient only for one's own use without any surplus for trade. Why is it difficult for a government to measure economic growth in an economy based on subsistence farming?

1. AFarmers' families consume most of their own produce.
2. BFarmers have low rates of saving.
3. CThe size of harvest is dependent on the weather.
4. DThe surplus produce is sold to the government.

As printed in the paper