Question

how is per capita income derived

Answer 1

Per capita income, also known as income per person, is the meanincome of the people in an economic unit such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population.

Answer 2

per capita income is also know as incoming per person,is the mean of income of the people in the economic unit such as country or city. it is calculated by taking a measure of all sources of income in the aggregate (such as GDP or gross national income) and dividing it by total population.