What are the national figuresnational income figures bull, Ask an Expert

Economics

What are the national figures?

National income figures:

• Do not measure social, non-economic, quality of life indicators as like life expectancy that access to education like crudely measured through HDI

• Overlook the undeclared output value as an example, subsistence farming as well as shadow economy

• Avoid the impact of negative externalities

• Overlook sustainability matters

• Inequality questions as like income distribution and regional standard of living variations are disregarded

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9579695

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