PROGRAMME: BUSINESS ADMINISTRATION
COURSE NAME: MACROECONOMICS
CODE: ECON3701
YEAR GROUP: THREE
UNIT:
DUE DATE: TBD
ASSESSMENT TYPE: COURSEWORK: INDIVIDUAL-20%
INSTRUCTION: Reply ALL questions
“GDP per capital or any Nationwide Revenue statistics can’t be used to measure dwelling requirements or
examine completely different nations, because of the variety of deficiencies that it has”.
i. EXPLAIN how nationwide earnings knowledge is compiled? (eight marks)
ii. What deficiencies is that this assertion speaking about? (6 marks)
iii. Why do Economists nonetheless use GDP per capital to check or rank nations if there are such deficiencies? (6 marks)
(Whole 20 marks)
APA STANDARDS EXPECTED