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Outline four circumstances under which per capital income statistics would be a good indicator of the welfare of the citizen of a country
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Aug 25, 2021
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Business Studies Form 3
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anony mous
Outline four circumstances under which per capital income statistics would be a good indicator of the welfare of the citizen of a country
national income
terms used in national income
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Aug 25, 2021
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anony mous
When national income is evenly distributed among citizens
When national income are in real terms and allowances made to cater for price fluctuations
When output per year is based on essential and final goods consumed by masses
When real statistics on population are real and not projection used
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