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JAMB Economics 2011 Objective — Question 32

Question 32 of 49 from the Joint Admissions and Matriculation Board (JAMB) Economics 2011 Objective paper, with the correct answer and a full explanation.

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A country achieves economic development when there is

  • A. A. an increase in capacity
  • B. B. a sustained increase in per capital incomeCorrect
  • C. C. an even distribution of goods and services
  • D. D. an increase in military expenditure

Explanation

When the income attributed to an average person in an economy increases and it is sustained, it is an indication of development.

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