Sudden decrease of birth rate would cause
(A) increase in per capita income
(B) increase in investment
(C) increase in savings
(D) increase in loan requests
Correct Answer : increase in per capita income
Question Asked : SSC CHSL (10+2) Tier-I (CBE) Exam 2018
Explanation : Per capita income or average income measures the average income (earned and unearned) per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. So, per capita income will increase if birth rate suddenly decreases.
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Tags : macroeconomics
