Economics · National Income
Per capita income of a nation is primarily used as an indicator to measure the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Average living standards of the citizens in a country✓
- 2Total revenue generated through industrial production alone
- 3Basic minimum living conditions of the poor section in a country
- 4Average wealth accumulated by the top 1% rich people in a country
Correct answer
Average living standards of the citizens in a country
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