ABy dividing national income by population.
BBy comparing the increase in national income from the previous year to the current year.
CBy measuring the rate of unemployment.
DBy assessing the improvement in the standard of living.
ABy dividing national income by population.
BBy comparing the increase in national income from the previous year to the current year.
CBy measuring the rate of unemployment.
DBy assessing the improvement in the standard of living.
Related Questions:
Which of the following is not a feature of socialist economy?
i.Economic equality
ii.Public welfare
iii.Public and private sector exists
What are the problems faced by the socialist economy?.List out from the following:
i.The public sector's investment potential is less and this affects economic growth adversely.
ii.In the absence of private ownership of wealth and transfer of wealth to the legal heir, people are less likely to work hard.
iii.Moreover, the consumers have only a limited choice of products.