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The comparison of the standard of living between Nigeria and Ghana is best down through...

Economics
JAMB 2024

The comparison of the standard of living between Nigeria and Ghana is best down through the use of

  • A. gross National incomes
  • B. per capita income
  • C. Net National income
  • D. Net disposable income
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Correct Answer: Option B
Explanation

Per capita income is calculated by dividing the total income of a country by its population. It provides an average measure of income per person in a country and is commonly used to compare the standard of living between different countries.

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