define national income and explain how it is measured
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HeyAaaaa!!
Here is ur answer..
Per capita income :
Average income of An person in a year
In particular Country
Is called National income .
It is calculated by using this Formula :
GDP of An country over Total population.
GDP/Total population
Here is ur answer..
Per capita income :
Average income of An person in a year
In particular Country
Is called National income .
It is calculated by using this Formula :
GDP of An country over Total population.
GDP/Total population
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