Economics (AS & A Level) · Oct / Nov 2021 · Paper 33 · Question 19

GNP per head in a country has increased by 10% over the past 5 years. What is not a valid reason to doubt whether average living standards have also risen by the same amount?

1. AThe distribution of income may have changed considerably over the period.
2. BThe general price level is likely to have changed over the period.
3. CThe size of the population may have changed over the period.
4. DThe workforce may have produced greater output by working for more hours per week.

As printed in the paper