A country achieves economic development when there is
A. an increase in military expenditure B. an increase in capacity utilization C. a sustained increase in per capital income D. an even distribution of goods and services
Correct Answer: C
Explanation
Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income helps determine the average per-person income to evaluate the standard of living and economic development for a population.
