Question

How is per capital income of a country defined?
1. National income \ Total wealth
2. Total population \ Total income
3. National income \ total population
4. Total population \ net asstes​

Answer 1

Answer:

4 options is correct

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Answer 2

Explanation:

Per capita income is a measure of the amount of money earned per person in a nation or geographic region.

Per capita income helps determine the average per-person income to evaluate the standard of living for a population.

Per capita income as a metric has limitations that include its inability to account for inflation, income