Multiple choice

Assuming the statistical information is available, which of the following is the best measure of an increase in a country's economic activity?

  1. Increase in real per capita income

  2. Increase in real national income

  3. Increase in net annual investment

  4. Increase in annual private investment
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A Correct answer
Explanation

Real per capita income accounts for both population growth and inflation, making it the most accurate indicator of the average individual's economic well-being and productivity increase.

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