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82-AS_Macro_National_Income

82-AS_Macro_National_Income - AS Macro National Income and...

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AS Macro: National Income and the Standard of Living This assignment looks at aspects of national income and the measurement of changes in the standard of living for different countries over time. Answers should be written neatly on these sheets. Total mark = 30 1/ Define gross domestic product (GDP) (2) 2/ How does gross national income (GNI) differ from GDP? (2) 3/ What is the difference between absolute poverty and relative poverty? (2) 4/ Describe two significant features of the data shown in the chart below (5) South Africa China India
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5/ Describe two significant features of the data shown in the chart below (5 marks) China India Brazil
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6/ Describe two significant features of the data shown in the chart below (5 marks) Japan USA Iraq Russian Federation South Africa
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7/ Comparative Economic Indicators for Four Emerging Economies Indicator South Africa China India Mexico GDP, $billion, 2008 276.4 4,327 1,159 1,088 GDP per head $billion, PPP, 2008 10,120 5,970 2,950 14,570 Human Development Index 68.3 77.2 61.2 85.4 Life Expectancy (men) 51.8 72.3 63.7 74.9
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