It is important to measure the National Income of a country because?

ECONOMICS
JAMB 1991

It is important to measure the National Income of a country because?

  • A. it is a major determinant of the standard of living
  • B. it reveals hazards of development like pollution and congestion
  • C. it reveals the distribution of the citizen's savings in foreign banks
  • D. its size determines the extent of political stability

Correct Answer: A. it is a major determinant of the standard of living



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