Get premium membership and access questions with answers, video lessons as well as revision papers.

Outline FOUR circumstances under which the per capita income statistics would be a good indicator of the welfare of the citizens of country.

      

Outline FOUR circumstances under which the per capita income statistics would be a good
indicator of the welfare of the citizens of country.

  

Answers


gideon
- When the national income is evenly distributed among the citizens.
- When national income statistics are in real terms and allowances made to take care of price
fluctuations.
- When the output per year is based on essential and final goods / services consumed by the
masses.
- When real statistics on population figures is obtained and not projections used.
gideon1 answered the question on October 1, 2017 at 15:21


Next: Outline FOUR ways of curbing cost push inflation.
Previous: Outline FOUR challenges associated with a high ageing population in a country.

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions