Given below are two statements, one labeled as Assertion (A) and the other labeled as Reason (R). **Assertion (A):** Real GDP is not a perfect measure of the economic welfare of a country's citizens. **Reason (R):** Real GDP does not account for the distribution of income, non-market transactions, and negative externalities like environmental pollution. In the context of the above statements, which of the following is correct?

Options:

  • A: Both A and R are true and R is the correct explanation of A
  • B: Both A and R are true but R is not the correct explanation of A
  • C: A is true but R is false
  • D: A is false but R is true

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