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.
Fiscal policy is associated with ...
Equilibrium under perfect competition requires that ...
In the long-run, a monopolist maximized his profit when the marginal cost equals ...
Which of the following is NOT a character of perfect competition? ...
The production strategy used in an over-populated country is ...
Which of the following statements is NOT true about agriculture in West Africa? ...
Money as a unit of account implies that it can be ...