Increase in 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.
Economic Development & GrowthLimitations of GNP as a Development IndicatorAbsolute GNPper capita real GNPeconomic developmentindustrial outputagricultural outputpovertyunemploymentincome inequality