Higher national income may not necessarily mean better welfare for citizens of a country.Discuss
Answer:
-The income distribution could have been unequal with more at the hands of a few
-Incorrect statistics may have been used giving the wrong figure.
-Higher income may have cost the labour leisure time and working under difficult environment
-The income could have been realized through illegal activities
-The effect of inflation may not be shown in the national income statistics yet it affects the purchasing power hence welfare.