If output growth is accompanied by improvements in air quality, life expectancy, and literacy, what conclusion becomes stronger?
Answer and explanation
Correct answer: Broad welfare has likely risen along with GDP growth
GDP is an important measure of market production, but welfare is broader and also includes health, education, and environmental conditions. Simultaneous improvements in air quality, life expectancy, and literacy provide independent evidence that people’s living conditions are improving alongside output. Therefore A is the strongest conclusion, although it does not prove that every person benefited equally. B, C, and D do not follow from the information.
Frequently asked questions
What is the correct answer to this question?
Broad welfare has likely risen along with GDP growth
Why is this the correct answer?
GDP is an important measure of market production, but welfare is broader and also includes health, education, and environmental conditions. Simultaneous improvements in air quality, life expectancy, and literacy provide independent evidence that people’s living conditions are improving alongside output. Therefore A is the strongest conclusion, although it does not prove that every person benefited equally. B, C, and D do not follow from the information.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates. Topic: GDP and Welfare.
