“Higher GDP means greater per capita availability of goods in the economy.” Do you agree with the given
statement? Give valid reason in support of your answer.
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3
Answer:
No, I do not agree with the given statement " Higher Gross Domestic Product (GDP) means greater per capita availability of goods in the economy." GDP as an index of the welfare of an economy is imperfect and insufficient. ... The increase in the GDP may be a result of the increase in the income of a few individuals.
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Answer:
Explanation:
Gross Development Program!
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