Gross Domestic Product (GDP) is a better measure of comparative living standards when it is adjusted for the effects of

A.
exports and inflation.
B.
imports and exports.
C.
population change and exports.
D.
population change and inflation.
Economics
IGCSE&ALevel
CAIE
Exam No:0455_s21_qp_12 Year:2021 Question No:26

Answer:

D

Knowledge points:

5.1.1.1. Real GDP per head and the Human Development Index (HDI).
5.1.1.2. The components of real GDP and HDI.
5.1.1.3. The advantages and disadvantages of real GDP and HDI.

Solution:

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