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JAMB Economics 1990 Question 49

Question 49

Economic Growth and Development

The most common index used for measuring development is

  1. A.the level of literacy
  2. B.per capita income
  3. C.nutritional levels
  4. D.population growth rate
Show the answer and explanation

Answer: B (per capita income)

Explanation

Income per head (national income ÷ population) is the most widely used measure of a country's level of development.