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14 February, 13:17

Does a rising GDP benefit everyone? Explain

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  1. 14 February, 16:41
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    Answer:When a country's GDP is high it means that the country is increasing the amount of production that is taking place in the economy and the citizens have a higher income and hence are spending more. However, increase in GDP does not necessarily increase the prosperity of each and every income class of the nation.
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