why-is-gdp-distribution-equity-important-for-its-effectiveness-as-a-measure-of-w

Question

Why is GDP distribution equity important for its effectiveness as a measure of well-being?

Accepted Answer

Unequal distribution can mask disparities in well-being

Answer

GDP distribution has no impact on well-being

Answer

Unequal distribution increases overall GDP

Answer

Equal distribution leads to higher GDP growth