CSEC Principles of Business · January 2010 · Paper 2 · Question 6(a)(ii)
Identify TWO indicators of standard of living.
The mark scheme is shown once you've answered.
Practise this questionOther parts of this question
- 6(a)(i)Define the term 'standard of living'.[2 marks]
- 6(b)Distinguish between 'economic growth' and 'economic development', giving TWO examples of EACH.[8 marks]
- 6(c)(i)Define the term 'balance of payment'.[2 marks]
- 6(c)(ii)Discuss TWO measures that a country may adopt to address its balance of payments problem.[6 marks]
More practice: the rest of this paper · more Macroeconomic Indicators and International Trade questions · all CSEC Principles of Business past papers