Which combination is most appropriate for comparing overall welfare?
Answer and explanation
Correct answer: Real GDP per capita income distribution health education environment and leisure
Overall welfare is multidimensional, so no single economic total is sufficient. Real GDP per capita helps compare real average output after allowing for prices and population, while distribution, health, education, environmental quality, and leisure capture important aspects omitted by GDP. Option B is therefore the most suitable combination. A, C, and D each use only one limited indicator and cannot represent total welfare.
Frequently asked questions
What is the correct answer to this question?
Real GDP per capita income distribution health education environment and leisure
Why is this the correct answer?
Overall welfare is multidimensional, so no single economic total is sufficient. Real GDP per capita helps compare real average output after allowing for prices and population, while distribution, health, education, environmental quality, and leisure capture important aspects omitted by GDP. Option B is therefore the most suitable combination. A, C, and D each use only one limited indicator and cannot represent total welfare.
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.
