Which of the following is correct?

Question

Quizplus · Accepted Answer

The statements A, B, and C are not necessarily true in all cases. A) National income can rise without an increase in per capita income if the population grows faster than national income. B) Population rise does not guarantee a fall in per capita income if national income rises at a faster rate or at the same rate as the population. C) An increase in national income does not ensure an increase in the welfare of the people if the income distribution becomes more unequal or if the increase is not spent on welfare-improving goods and services.

Which of the Following Is Correct