Economics · May / June 2025 · Paper 12 · Question 25

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?

1. AThe food grown is not exported.
2. BThe GDP does not include agricultural production.
3. CThe GDP only refers to the public sector.
4. DThe value of the food is unknown.

As printed in the paper