Question

Increase is absolute and per capita real GNP do not connote a higher level of economic
development, if
a) Industrial output fails to keep pace with agricultural output
b) Agricultural output fails to keep pace with industrial output
c) Poverty and unemployment increase
d) Imports grow faster than exports

Answer 1

(c) Increase is absolute and per real GNP do not connote a higher level of economic development if poverty and unemployment increase.

The increased rate of poverty as well unemployment problem finally results in a big issue.

GNP is the total value of goods and services produced in a country.

Grabbing of profit by a small section of society will definitely create crisis.