Question

Increase in national income increases economic welfare. Do you agree ?

Answer 1

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$\huge\underline\mathfrak\green{Per\:capita\: income}$

In such a situation, the increase in national income will not result in increase in economic welfare. But from this, it should not be concluded that the increase in national income results in increase in economic welfare and vice versa.

$\huge\mathbb\blue{THANK\:YUH!}$