Post Utme Lautech 2018 Economics Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Lautech Economics examination.

Post Utme Lautech 2018 Economics Objective / Multiple Choice
Question 18 POST_UTME_LAUTECH • 2018 • ECONOMICS • objective

A country's economic growth is measured by its GDP per capita. What is the likely effect of an increase in GDP per capita on the country's s\tandard of living?

Answer Options

Correct Answer A. The s\tandard of living will increase.
B. The s\tandard of living will decrease.
C. The s\tandard of living will remain unchanged.
D. The s\tandard of living will fluctuate randomly.
Correct Answer
A
Correct Option:
The s\tandard of living will increase.

About This Question

This is Post Utme Lautech 2018 Economics Question 18. It is one of the objective questions from the 2018 Post Utme Lautech Economics examination.

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