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A good indicator of economic development is an increase in

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Economics JAMB 2008

A good indicator of economic development is an increase in

  • gross national product
  • per capital income checkmark
  • real national income
  • real per capital income

The correct answer is: B

Explanation

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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