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Value Added Method

National inco...

Question

National income is one of the most important attributes for comparing the development of countries but is still not a very useful measure.

A

False

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B

True

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Solution

The correct option is B True

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Similar questions

Q. Which is the most important attribute for comparing the development of countries?

Q. Assertion (A): Total income is not a very useful measure while comparing the development of different countries.

Reason (R): Different countries have different population levels.

Q. National income can be used to compare the development of countries with different levels of population.

Q. Which of the following is the most important component for comparing the development of countries?

Q. For comparing the developmental level of two countries, the total income method is not a good one. Explain.

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