Economy, asked by vagishbansal16, 7 months ago

How for can GDP be taken as an index of welfare ?​

Answers

Answered by itsurfrndbarani
1

Answer:

it care of something..........

Answered by namboodirihrishikesh
2

Answer:

Gross Domestic Product can be defined as: ... The calculation of GDP at no point involves whether or not the welfare of the people has improved, GDP is used as an indicator of a standard of living because the central variables tend to attribute towards factors that improves people's welfare within an economy

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