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Importance of Transport

The standard ...

Question

The standard of living in a country is represented by

A

National Income

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B

Poverty Ratio

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C

Unemployment rate

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D

Per Capita Income

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Solution

The correct option is D Per Capita Income
The standard of living in a country is represented by per Capita income.

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Q. The economy of a country, which has acquired very high stage of development and where per capita income and standard of living is high, is termed as _________.

Q. The per capita income of a country represents which of the following?

Q. India has witnessed a drastic growth in national income, per capita income, and living standards. Hence, it has become developed.

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