Which one makes GDP an improper index of welfare?

CA Foundation · Business Economics · MTP · September 2024
Which one makes GDP an improper index of welfare?
(A) A. Non-monetary transaction
(B) B. Externalities
(C) C. Composition &distribution of GDP
(D) D. All of these

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. All of these

Topics: Determination of National Income

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