6. National Income divided by population is known as
A) GNP
B) GDP
C) Disposable Income
D) Percapita Income
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D) Per capita income or average income
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Answer:
D) Percapita Income
Per capita income is national income divided by population size. Per capita income is often used to measure a sector's average income and compare the wealth of different populations. Per capita income is also often used to measure a country's standard of living.
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