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Economics

Study Notes

Measuring National Income (GDP)

Level:
AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

National income measures the monetary value of the flow of output of goods and services produced in an economy over a period of time

GDP and GDP per capita - revision video
Difference between GDP and GNP

Problems with using GDP as a measure for standard of living

10 flaws in GDP (living standards) - revision video

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