Question

Can we say per capita is the actual income of all the citizens living in that country?

Answer 1

Answer:

No!

Per capita Income is National Income divided by population. National income is money value of all final goods and services produced in a country during one year. It is calculated by dividing the area's total income by its total population.

Explanation:

Answer 2

Per capita Income is National Income divided by population. National income is money value of all final goods and services produced in a country during one year. ... It is calculated by dividing the area's total income by its total population.