Question

Pick out the correct meaning listed below to define ‘Per capita income’. *

(a) Average income of the country means the total income of the country.

(b) The average income in a country is the income of only employed people.

(c) Per capita income or average income measures the average income earned per person in a given area in a specified year.

(d) The average income includes the value of income of all propertied class in the country.

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Answer 1

Answer:

ans ( c ) per capacity income or average

Answer 2

Answer:

(c) Per capita income or average income measures the average income earned per person in a given area in a specified year.

Explanation:

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.