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Question : A rising per capita income will indicate better welfare if it is accompanied by:

Option 1: unchanged income distribution overall

Option 2: changed income distribution in favour of the rich

Option 3: changed income distribution in favour of the poor

Option 4: changed income distribution in favour of industrial labour


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: changed income distribution in favour of the poor


Solution : The correct option is change income distribution in favour of the poor.

If a growing per capita income is coupled with a modified income distribution that benefits the poor, then this indicates improved well-being. The average per-person income for a region is calculated using the per capita income, which is also used to assess the population's standard of living and quality of life.

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