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Higher GDP means greater per capita …

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Higher GDP means greater per capita availability of goods in the economy. Do you agree? Give reasons.

Posted by Vishal Dhingra 5 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Canada'S ?? Julliet Anu 5 years, 10 months ago

No...No definitely not. Coz ,it is not proper indicator of welfare d availability of per capita due to its many limitations i.e .DISTRIBUTION OF GDP , NON MONETARY TRANSACTIONS, EXTERNALITIES, COMPOSITION OF GDP, NEGATIVE CONTRIBUTION AND POPULATION GROWTH etc. You can read more about the explanation of headings from any economics book.

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