Increase in absolute and per capita real GNP do not connote a higher level of economic development, if:

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CollectorBabu · Accepted Answer

Correct Answer: Poverty and unemployment increase.. ● Increase in absolute and per capita real GNP do not connote a higher level of economic development, if poverty and unemployment increase. ● Per-capita real GNP does include the adjustment for inflation but it does not account for the inequality present among the population. ● Economic development is the process by which a nation improves the economic, political, and social well-being of its people.

Increase in absolute and per capita real GNP do not connote a higher level of economic development, if:

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