Use "economic welfare" in a sentence

1. Trade liberalization, by reducing observed markups generates additional economic welfare.

2. The Willingness To Pay (WTP) methodology of monetarization satisfies the condition of economic welfare theory by evaluating people's preferences

3. The Willingness To Pay (WTP) methodology of monetarization satisfies the condition of economic welfare theory by evaluating people’s preferences.

4. Malnutrition in all of its forms reduces global economic welfare by about 5% annually, through foregone output and additional costs incurred.