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Question
Per Capita consumption shows the standard of living.
Per Capita consumption shows the standard of living.
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Solution
The correct option is A True
The increase in consumption of goods and services by the people is measured in PCC. Example clothing, food, education, health etc. An increase in PCC shows better standard of living,better quality of life of people and higher economic development of the country.
The increase in consumption of goods and services by the people is measured in PCC. Example clothing, food, education, health etc. An increase in PCC shows better standard of living,better quality of life of people and higher economic development of the country.
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