A measure of national income used as comparison of standa...
A measure of national income used as comparison of standard of living among nations is
Net national product
Gross domestic product
Gross national product
Per capita income
Correct answer is D
Per capita income is a measure of the amount of income earned per person in a nation or geographical region. It is used to measure the national income of a country. The national income is then used to ascertain the standard of living. The higher the per capital income, the higher the standard of living and development of a region.
As a firm increases its output, the average fixed cost ...
The effect of privatization on the industrial sector of a country is that it ...
The deflationary gap is defined by ...
Warehouse facilities in the distribution and marketing of products are provided by ...
An aging population refers to the preponderance of ...
Which of the following is a legal tender in West Africa? ...
The direct exchange of one goods for another without the use of money is known as ...