Economy, asked by madankumar14pbhvmw, 1 year ago

meaning of per capita income in economics

Answers

Answered by brainly110

per capita income

Total national income (GDP) divided by total population. It is not the average income(because it includes children and non-working population) but serves as an indicator of a country's living standards.

Answered by smriti2004

Per capita income, also known as per person income is the mean income of the people in an economic unit such as a country or city.It is calculated by dividing the areas total income by its total population.

Hope it helps!!!

Previous Question

Next Question

Similar questions

Science, 7 months ago

Name the device use to measure atmospheric pressure.

Math, 7 months ago

what least number must be subtracted from 13801 to get a number directly divisible by 87...

Math, 7 months ago

From the given sets below, select the empty set, singleton set, and equal set. a. A= {x:x<1&x>3} b. B = {x: x^3-1=0, x belongs to R} c. C = { x:x belongs to N& x is a prime number } d. D={x:x is a positive even integer and x <or=10} e. E= {2, 4, 6, 8, 10} pls some one give the answer fast. thank you...

Science, 1 year ago

list the advantages of using fertiliser...

Math, 1 year ago

The length and breath of a rectangular hall in a school are 20m and 16m respectively. Rectangular tiles of length 50cm and width 40cm are to be fixed on its floor. How many tiles will be required? Find the cost of fixing the tiles at the rate of rs15 per sq m.

English, 1 year ago

when should we open the front door...

Science, 1 year ago

what we have to do if there is fault in inventer,there is no light and there are no candles and we have to light our house.

Physics, 1 year ago

Accord to newtons third law every actio has a reaction .but when we hit muddy water towards the walls it didn't gives any reaction. why?