Economics (AS & A Level) · Feb / March 2021 · Paper 32 · Question 19

Governments are interested in providing statistics on the standard of living. They measure the value of material goods and services. Non-material characteristics that affect the standard of living cannot easily be measured. What is an example of a non-material characteristic?

1. Athe failure to include unpaid work in the home
2. Bthe freedom to make informed economic choices
3. Cthe proportion of GNP used for weapons of war
4. Dthe removal of taxes from all forms of consumer expenditure

As printed in the paper