Economy, asked by Wafeeqah4191, 1 year ago

Mention the reasons for the determination of national income

Answers

Answered by ramapraveen
0

National income and welfare. GDP per capita (per person) is often used as a measure of a person's welfare.

the impact of economic activity on the environment is not measured in calculating GDP.

Comparison of GDP from one country to another may be distorted by movements in exchange rates.

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