What is Per Capita Income? Can Per-Capita Income be considered real income of a
citizen?
Ans. To calculate income of every citizen in a
country is dificult therefore an average
income is calculated by dividing the total
income of the country by its total population.
This average income is also known as per
capita income or average income of every
citizen in a country. Per capita income
however is not the real income of a citizen but
an estimate.Per capita income doesn’t prove
to be a reliable unit to measure whether or
not a citizen is developing in a country.
Answers
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The per capita in come is the :
total income of the country ÷ total population.
Explanation:
it is not the real income of the citizen but it is the average of income of the people.It is hard to measure everyone's income seperately so per capita income is used to the average number.
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