A question is asked in a class room, 'When GDP increases then welfare of
people also increases'. One group of students say 'yes' while other group of
students say 'no'. To which group will you support? Comment with reason.
Q11 कक्षा मे एक प्रश्न पूछा गया, 'जब GDP में वृद्धि है तब कल्याण मे भी वृद्धि होती है।
कक्षा में कुछ विद्यार्थियो ने 'हाँ' कहा तथा कुछ ने 'ना' कहा। आपका क्या उत्तर है? कारण
बताइये।
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i will support the other group which disagrees with the statement. this is because -
a) non - monetary exchanges are not recorded in the GDP
b) rate of population growth is not depicted in the GDP
c) there are externalities in the environment - positive and negative which are also not seen in the GDP
d) change in prices are also not shown in the GDP.
hope it helps u... :) pls mark it as brainliest if it does... :)
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