Social Sciences, asked by raj3832, 1 year ago

why the national income goes up so general standard goes done?​

Answers

Answered by cjooijoklkl
0

Answer:

i dont know sorry brother

Answered by priya1423
1

Here is your answer

The national income goes up so general standard goes done because Measures of GDP typically exclude unpaid economic activity, most importantly domestic work such as childcare. This leads to distortions; for example, a paid nanny's income contributes to GDP, but an unpaid parent's time spent caring for children will not, even though they are both carrying out the same economic activity.

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