Q. The most appropriate measure of a country’s economic growth is its
✅ Correct Answer: (D)
Per capita Real Income
Explanation: The most appropriate measure of a country’s economic growth is its per capita real income.
Per capita income is average income, a measure of the wealth of the population of a nation. It is used to measure a country’s standard of living thus a better indicator of economic growth.
Per capita income is average income, a measure of the wealth of the population of a nation. It is used to measure a country’s standard of living thus a better indicator of economic growth.
Explanation by: Priyanka Tomar
The most appropriate measure of a country’s economic growth is its per capita real income.
Per capita income is average income, a measure of the wealth of the population of a nation. It is used to measure a country’s standard of living thus a better indicator of economic growth.
Per capita income is average income, a measure of the wealth of the population of a nation. It is used to measure a country’s standard of living thus a better indicator of economic growth.