Register
Gross domestic product (gdp) figures may understate the value of goods and services due to
24.5k views
0 votes
Gross domestic product (gdp) figures may understate the value of goods and services due to

User Anar Salimkhanov
by
8.1k points

1 Answer

5 votes
If it is GDP per capita it may understate the value of goods and services due to comparative inflation figures and costs of living in different countries. A GDP per capita Purchasing Power figure is more accurate for this type of comparison.
User Mara Morton
by
8.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government’s involvement in economy serves what two purposes?
Link Copied!