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Card 6
Front
What is GNI?
Back
Card 7
Front
What values are used when comparing economic growth between countries and why?
Back
Card 8
Front
What is purchasing power parity?
Back
Card 9
Front
What does PPP take into account that GDP does not?
Back
Card 10
Front
What are 3 limitations of using GDP to compare living standards?
Back
Card 11
Front
Why is income distribution a problem when using GDP for comparisons?
Back
Card 12
Front
What are the six factors which affect national well-being?
Back
Card 13
Front
What is the relationship between real incomes and subjective happiness?
Back
Card 14
Front
What is inflation?
Back
Card 15
Front
What is deflation?
Back
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