economic growth measured as per capita real GDP is a good me

economic growth measured as per capita real GDP is a good measure of the distribution of income in a nation

True or False?

Solution

False

Measures of national income and output are mainly used to measure a nation\'s economic activity by the sum total of the value of goods and services produced in the economy. Some of the most common measures includes are Gross National Product (GNP), Gross Domestic Product (GDP), etc