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National income is used to measure

Economics
WAEC 2011

National income is used to measure

  • A. a country's population size
  • B. a country's economic growth
  • C. the human level of development
  • D. the flow of imports to a country
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Correct Answer: Option B
Explanation

National income measures the monetary value of the flow of output of goods and services produced in an economy over a period of time. This is otherwise considered as measuring the economic growth.

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