Economy, asked by mimtasirabc, 10 hours ago

why GDP losses its popularity as a measure of national income?​

Answers

Answered by ameyaD999
0

Why GDP is not a good measure of national income?

Environmental degradation is a significant externality that the measure of GDP has failed to reflect. ... GDP also fails to capture the distribution of income across society – something that is becoming more pertinent in today's world with rising inequality levels in the developed and developing world alike

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Answered by Anonymous
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Answer:

GDP losses its popularity as a measure of national income because of modern economies.

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