One of the wealthiest self-made women in the world is cheung yan in china. she runs one of asia's largest packaging and paper production firms and has a personal fortune of 1.46 billion. she is one of the new breed of super-rich entrepreneurs in the country which in 2016, had a read gdp per head of $15400 (ppp) in comparison to $42,000 in the uk. in that yearn china the disposable income of the top 10% of richest households was more than nine times higher than that of the poorest 10%. what is ppp? are people in china poorer than in uk? is income evenly distributed in china? explain your answer.

Although gdp is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating gdp for the united states? check all that apply. the value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government the variety of goods available to consumers funds spent by city governments to renovate their buildings the costs of air and water pollution when a u. s. company purchases and imports electronic parts from china to use to produce mp3 players within the united states, this purchase increases the component of gdp while also net exports by the same amount. therefore, the purchase of electronic parts from china causes in us gdp.