Economics · Economic Development
The economic development of a country is best characterized by which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A real increase in output accompanied by structural changes in the economy✓
- 2A continuous increase in imports and exports
- 3An annual real increase in per capita income
- 4An annual real increase in gross national income
Correct answer
A real increase in output accompanied by structural changes in the economy
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