A country achieves economic development when there is

Economics

JAMB 2011

A. an increase in military expenditure
B. an increase in capacity utilization
C. a sustained increase in per capital income
D. an even distribution of goods and services

Your School's Whatsapp Group - Join Us now

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Correct Answer: Option C

Explanation

Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income helps determine the average per-person income to evaluate the standard of living and economic development for a population.

Previous Next

Go back to Econs classroom

Report an Error Ask A Question Download App

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

professor John is the leader of the ________ committee to review the new book? Answer this

1 Answers · English Language · 3 months ago
His contract was ---- because of irregularities in his contract You picked annulled over terminated and I want to know... Answer this

1 Answers · English Language · 2 months ago
whats is the difference between phrase and clause? Answer this

2 Answers · English Language · 3 days ago

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

A country achieves economic development when there is

Correct Answer: Option C

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In