JAMB Economics 2020 Objective — Question 26
Question 26 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2020 Objective paper, with the correct answer and a full explanation.
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A measure of national income used as a comparison of standard of living among nations is
- A. net national product
- B. gross domestic product
- C. net national product
- D. per capita incomeCorrect
Explanation
Per capita income (national income divided by population) is the standard measure for comparing living standards across nations.
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