The Best Indicator of Economic Development of any Country is

  1. Its agriculture
  2. Its transport
  3. Its per capita income
  4. Its gross production
Monis Rasool Professor Asked on 22nd May 2015 in Economics.
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  • 1 Answer(s)

    Option 4 is the right answer.

    GDP is the market value of all goods  and services produced in a nation during a specific time period. Real GDP measures a society’s wealth by indicating how fast profits may grow and the expected return on capital.
    The real GDP is a comprehensive way to gauge the health and well-being of an economy.

    Harsh Vardhan Professor Answered on 24th May 2015.
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