State four reasons why National Income Statistics may not be appropriate for comparing living standards between two countries

State four reasons why National Income Statistics may not be appropriate for comparing living standards between two countries

  • Use of different currencies.
  • disparity in income distribution within the county.
  • Difference in needs and taste per country.
  • Difference in use of national income
  • Health effects in attaining National Income
  • Effects on leisure ie National Income
  • May be achieved at the expense of the consumer
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