Economic growth measured in terms of an increase in per capita real GDP is not a good measure of the distribution of income in a nation.

Question

Quizplus · Accepted Answer

Economic growth in terms of per capita real GDP does not account for how the increased wealth is distributed among the population. The growth could benefit a small wealthy elite while leaving the rest of the population unchanged or worse off. Therefore, it is not a good measure of income distribution.

Economic Growth Measured in Terms of an Increase in Per