A. net national product
B. gross domestic product
C. gross national product
D. per capita income
Correct Answer:
Option D – per capita income
Explanation
Per capita income is a measure of the amount of income earned per person in a nation or geographical region. It is used to measure the national income of a country. The national income is then used to ascertain the standard of living. The higher the per capital income, the higher the standard of living and development of a region.
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