Which of the following is generally regarded as the true index of economic growth?
A. An increase in national income at constant prices during a year
B. A sustained increase in real per capita income
C. An increase in national income at current prices over time
D. An increase in national income along with a corresponding incease in population
Answer:A
Which of the following is generally regarded as the true index of economic growth?
A. An increase in national income at constant prices during a year B. A sustained increase in real per capita income C. An increase in national income at current prices over time D. An increase in national income along with a corresponding incease in population