Question
General Knowledge Question on Politics and Government
Which of the following is the true index of economic growth?
A
An increase in the per capita income at constant prices
B
An increase in the national income at current prices
C
An increase in the gross domestic product at constant prices
D
An increase in the gross domestic product at current prices
Answer
An increase in the gross domestic product at constant prices
Explanation
Solution
The correct option is (C): An increase in the gross domestic product at constant prices.