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Rate of the growth of an economy is measured in terms of __________

  1. A
    National income
  2. B
    Monthly family income
  3. C
    Number of people who have been lifted above the poverty line
  4. D
    Industrial Development

Solution & Step-by-step Explanation

The rate of growth of an economy is traditionally and most commonly measured in terms of the increase in its National Income or Gross Domestic Product (GDP) over a specific period. National income accounts for the total value of all final goods and services produced within a country, reflecting the comprehensive economic progress and productive capacity of the nation.

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Rate of the growth of an economy is measured in terms of __________
A
National income
B
Monthly family income
C
Number of people who have been lifted above the poverty line
D
Industrial Development

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