If during a year the national income at constant prices goes up by 5% while prices also rise by 5% and population registers a growth of 2% then the real per capita income will:

Question:
 If during a year the national income at constant prices goes up by 5% while prices also rise by 5% and population registers a growth of 2% then the real per capita income will:

1.Remain constant

2.Rise by 2%

3.Decrease by 3%

4.Increase by 3%

Posted Date:-2021-08-24 04:42:48


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