The table below contains some key economic data for Mexico in 2020. Evaluate the use of these statistics in assessing the standard of living in Mexico in 2020. OR

Economics

IGCSE&ALevel

CAIE

Exam No：9708_w24_qp_42 Year：2024 Question No：4

Answer:

4.1.1 meaning of national income

4.1.2.1 Gross Domestic Product (GDP)

4.1.2.2 Gross National Income (GNI)

4.1.2.3 Net National Income (NNI)

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