With a rise in real national income, welfare of the people:
With a rise in real national income, welfare of the people:
(a) Rises
(b) Falls
(c) Remains unchanged
(d) None of the above
Anurag Pathak Changed status to publish December 14, 2023
Ans – (a)
Explanation:-
A rise in the real national income indicates an increase in the production. An increase in production indicates a rise in employment.
The rise in employment increases in income and further standard of living.
Anurag Pathak Changed status to publish December 14, 2023
