Although more people in India might have higher incomes as a consequence of neoliberalism,which aspects of living are not captured by economic indicators of well-being?
A) individual values about consumerism
B) how inflation affects buying power
C) regional differences in real-estate costs
D) issues such as security and air quality

Question

Quizplus · Accepted Answer

Economic indicators of well-being do not capture aspects of living such as security and air quality. These factors are important for people's overall well-being and cannot be measured solely by economic indicators. Inflation, regional differences in real-estate costs, and individual values about consumerism may affect people's economic well-being, but they do not necessarily reflect their overall well-being.

Although More People in India Might Have Higher Incomes as a Consequence