Economics · Economic Development
The best index of economic development is provided by which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Improvement in the balance of payments position
- 2Growth in savings ratio
- 3Growth in per capita real income from year to year✓
- 4Growth in national income at current prices
Correct answer
Growth in per capita real income from year to year
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