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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.