Free account: track your progress — Sign up free

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.

Advertisement

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.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.