Economic growth is measured by (a) Increase in national income (b) increase in infrastructure (c) increase in economic welfare (d) urbanisation

Economic growth is measured by
(a) Increase in national income
(b) increase in infrastructure
(c) increase in economic welfare
(d) urbanisation
by

1 Answer

Answer :

(a) Increase in national income
by

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An increase in per capital income is not an indication of an increase in the economic welfare of the people - (1) When such increase is the result of an increased production action of comforts (2) When such increase is the result of an increase in agricultural production (3) When it is the result of an increase in the production of industrial goods (4) When such increase is the result of increased production of intoxicants

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Last Answer : (4) When such increase is the result of increased production of intoxicants Explanation: An increase in per capita income due to increased production of intoxicants cannot be taken as economic ... population, include: GDP, literacy, access to health care, and assessments of environmental quality.

An increase in per capital income is not an indication of an increase in the economic welfare of the people (1) When such increase is the result of an increased production of comforts (2) When such increase is the result of an increase in agricultural production (3) When it is the result of an increase in the production of industrial goods (4) When such increase is the result of increased production of intoxicants

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Last Answer : When such increase is the result of increased production of intoxicants

Literacy and urbanisation combined with economic growth have changed the value system of Indian society. -SST 10th

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The best measure to assess a country's economic growth is - (1) per capita income at constant prices (2) per capita income at current prices , (3) gross domestic product at current prices (4) gross national product at current prices

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Increase in total income of a country may or may not lead to greater welfare of the masses. Comment on this. -SST 10th

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Economic progress of a country is determined by - (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

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Last Answer : Increase in per capita income of people of country

Multiplier process in economic theory is conventionally taken to mean : (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases

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Which among the following has the least possibility of globalisation ? (1) selection of labour force (2) location of capital works (3) to manage resources for investment (4) increase in infrastructure

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Description : A very high rise in National Income at current market prices and a low rise at constant prices reveals (1) the high rate of growth in the economy at the current period (2) the increased production ... (3) the improper growth of the economy (4) the high rate of inflation prevailing in the economy 

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Which of these are outside the domain of macro economics (a) Consumer behavior ; (b) National income ; (c) Economic growth; (d) Balance of payment and trade

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Which of the following explains the term economic growth? A. Increase in per capita production B. Increase in per capita real income C. Structural change in the economy D. All the above are right

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Which of the following explains economic growth: A. Increase in per capita production B. Increase in per capita real income C. structural change in the economy D. all the above are right

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Last Answer : D. all the above are right

An Increase in national income because of an increase in price is called- (1) an increase in national income in real terms (2) an increase in national income at constant prices (3) an increase in money national income (4) an increase in national income at base year prices

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Last Answer : (4) an increase in national income at base year prices Explanation: To find the real value of changes in output under inflationary conditions, the effects of any general price increase (price inflation) ... the base year. It holds prices constant in terms of the prices existing in the base year.

If an increase in investment leads to a bigger increase in national income (a) Accelerator (b) Aggregate demand © Monetarism (d) Multiplier

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