Question

is national income correct measure of welfare...state briefly​

Answer 1

Answer:

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No, national income is not a good measure of social welfare. ... There is an “assumption” that money spending pays for the production of socially beneficial economic “goods” and services, and that money earners spend their money buying those “goods”. Some goods - like bombs - can be “bads”.

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Answer 2

National Income is the measure of total value of goods and services produced in a country during a specified period normally a year.

In a welfare state National Income increased.