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The following data is for country ABC for 2 consecutive years.

The following data is for country ABC for 2 consecutive years.
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Explain five reasons why the economic welfare of people in the above country may not have been better off in the year 2014 than the year 2013.

Answers


Maurice
- Inaccurate population data

- Inaccurate national income data

- Population size differences

- Income distribution disparities

- Price level that are different

- Recreation in work

- Social costs due to increased population

- Expenditure patterns that differ.
maurice.mutuku answered the question on November 13, 2019 at 08:56

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