What are per capita income how it is calculated
Answers
Answered by
6
Per capita income, also known as income perperson, is the mean income of the people in an economic unit such as a country or city. It iscalculated by taking a measure of all sources ofincome in the aggregate (such as GDP or Gross national income) and dividing it by the total population.
plz mark this answer as brainlist answer.....plzzzzzz
plz mark this answer as brainlist answer.....plzzzzzz
Answered by
5
per capita income :
when the national income is divided by the total population it is called per capita income.
per capita income = national income / total population
when the national income is divided by the total population it is called per capita income.
per capita income = national income / total population
Similar questions