A good indicator of economic development is an increase in

  • A gross national product
  • B per capital income
  • C real national income
  • D real per capital income
jamb 2008economics

The correct answer is B. per capital income

The extent to which a country has developed is majorly indicated by the country's level of per capita income. 

Per capita income is a measure of the amount of income earned per person in a nation or geographic region. The higher the per capita income, the higher the standard of living.

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