A measure of national income used as comparison of standard of living among nations is
The correct answer is D. per capita income
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.
Previous question Next questionWhat is Exam without Practice? With our customizable CBT practice tests, you’ll be well-prepared and ready to excel in your examsStart Practicing Now