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- Nikita Chetry
- Latest Answer: 3 weeks ago
- In: Arts & Humanities
Why do GDP per capita income not effectively measure the quality of people's life?
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1 Answers
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- Answered By Nikita Chetry
- Answer: 3 weeks ago
GDP and per capita income are not effective measures of the quality of people's life as:(i) GDP is the specific measures of economic welfare and does not take into account the important aspects of lif...
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