Note AcademyNote Academy
Start

Economics (AS & A Level) · May / June 2026 · Paper 34 · Question 26

9708Economic development

In 2023, New Zealand had a real Gross Domestic Product per capita of $47 046. Why might this figure not be a good indicator of living standards?

  1. AForeign trade is not included in the figure.
  2. BIt does not take into account changes in population.
  3. CIt does not take into account inflation.
  4. DIt does not take into account the wide differences in the distribution of income.

As printed in the paper

Show the answer

Correct answer: D. It does not take into account the wide differences in the distribution of income.

Sit this whole paper →More on Economic development

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.