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प्रश्न
What is the effect of positive externalities on the measurement of welfare by GDP?
पर्याय
GDP underestimates the actual welfare of the economy.
GDP overestimates the actual welfare of the economy.
GDP becomes a perfect measure of welfare.
GDP records all unpaid benefits automatically.
MCQ
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उत्तर
Positive externalities increase welfare, but their benefits are ignored by GDP. As a result, GDP underestimates the actual welfare of the economy.
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