The Ahluwalia-Chenery welfare index
A) is a method used to measure changes in absolute poverty.
B) shows the value judgement implications of using the change in income per capita as a measure of the change in development.
C) is a method used to measure changes in inequality.
D) is a method used to measure the growth rate of GDP.

Question

Quizplus · Accepted Answer

The Ahluwalia-Chenery welfare index is used to illustrate the value judgement implications of using changes in income per capita as a measure of development, highlighting how it may not fully capture welfare changes.

The Ahluwalia-Chenery Welfare Index