Question

Welfare depends not only on the size of GDP but also on what other factor?

विकल्प

• The number of firms exporting goods

• The number of banks in the economy

• The total quantity of currency printed

• How income is distributed among people

Answer 1

Welfare depends not only on the size of GDP but also on how income is distributed among people. Unequal distribution can leave most people worse off even when GDP rises.