The total national income is divided by the total population of the country, then it is known as
A) Per capita income
B) Population income
C) Per capita production
D) Per capita gross income
shivang9:
per capita income
Answers
Answered by
10
The total national income is divided by total population of the country, then it is known as Per capita income
Answered by
4
National Income is the sum of value of products and services produced by normal residents of a particular country during a specific span of time, usually 1 year.
However, when the total population factor divides the total national income, it becomes Per capita National Income.
Therefore, when the national income is distributed averagely over number of individuals in a country, it is known as per capita national income.
Similar questions