Question

jasmeen father is working in a factory in jalander where the gets a salary of rs 10,000 per month student if we divided the national income of a country by its population for a particular year what do we call the resulting income in economic ​

Answer 1

Answer:

See here is your .

Explanation:

Per Capita income of a country is the total income of the country divided by its population.

Countries by GDP (nominal) per capita in 2018

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.

Per capita income is national income divided by population size. Per capita income is often used to measure a sector's average income and compare the wealth of different populations. Per capita income is often used to measure a country's standard of living. It is usually expressed in terms of a commonly used international currency such as the euro or United States dollar, and is useful because it is widely known, is easily calculable from readily available gross domestic product (GDP) and population estimates, and produces a useful statistic for comparison of wealth between sovereign territories. This helps to ascertain a country's development status. It is one of the three measures for calculating the Human Development Index of a country. Per capita income is also called average income.