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.


Ans: b. shows the value judgement implications of using the change in income per capita as a measure of the change in development.

Economics

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