Question

Which one of the following is generally regarded as the true index of economic growth ?

• A. An increase in national income at constant prices during a year
• B. A sustained increase in real per capita income
• C. An increase in national income at current prices over time
• D. An increase in national income along with increase in population

Answer 1

The correct option is B A sustained increase in real per capita income

If there is a sustained rise in the real per capita income then it will truly regarded as true index of of economic growth