Economics (AS & A Level) · Oct / Nov 2022 · Paper 31 · Question 20
Which combination indicates that GDP per capita is likely to be an accurate indicator of living standards in a country over time?
- Aincome distribution: equal; hidden economy as % of GDP: large; quality of goods and services produced: constant
- Bincome distribution: unequal; hidden economy as % of GDP: large; quality of goods and services produced: improving
- Cincome distribution: equal; hidden economy as % of GDP: small; quality of goods and services produced: improving
- Dincome distribution: unequal; hidden economy as % of GDP: small; quality of goods and services produced: constant
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Correct answer: C. income distribution: equal; hidden economy as % of GDP: small; quality of goods and services produced: improving
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