Question

The measure of economic growth is not limited to increase in the national income, rather it focuses on increase in ____________.

• A. per capita income
• B. employment level
• C. poverty
• D. both A & C

Answer 1

Answer: (A)

per capita income

Economic growth refers to the process of using natural resources for the development of the economy in order to increase the per capita income of the economy. The growth mainly measures the per capita income rather than the overall income of the economy.