6.Choose the correct formula to find out the Per Capita Income or Average Income
from the following given options:
(a) National Income/Population (b) Population/National Income
(C) Population + National Income (d) Population - National Income
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Answer:
Per Capita income is the income where everyone of us will get if the national income is divided equally among all it',s citizens.
So it is obtained by dividing the national income by population.
Hence the answer is (a)
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