(i) So as to attract foreign investment.
(ii) So as to measure the rate of economic growth of the country.
(iii)Used in economic planning.
(iv) So as to measure living standards of people in a country at a given time.
(v) So as to compare the standards of living between countries at a given time.
(vi) Used in the calculation of per capita income.
maurice.mutuku answered the question on July 27, 2017 at 06:41
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