Economy, asked by tannerusurenderkumar, 8 months ago

define1) per capita income.2) national income.3) human development index .4) literacy rate.5) life expectancy.​

Answers

Answered by queensp73
1

Answer:

Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.

National Income refers to the money value of all the goods and services produced in a country during a financial year. In other words, the final outcome of all the economic activities of the nation during a period of one year, valued in terms of money is called as a National income.

The Human Development Index is a statistic composite index of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.

Literacy is the ability to identify, understand, interpret, create, communicate and compute, using printed and written materials associated with varying contexts.

Life expectancy is defined statistically as the mean number of years remaining for an individual or a group of people at a given age. ... Moreover, because life expectancy is an average, a particular person may die many years before or many years after the "expected" survival.

Explanation:

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