Economics · Economy
Which one of the following is generally regarded as the true index of economic growth?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An increase in national income along with an increase in population
- 2An increase in national income at constant prices during a year
- 3A sustained increase in real per capita income✓
- 4An increase in national income at current prices over time
Correct answer
A sustained increase in real per capita income
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