what is per capita income give perfect definition i willl mark brainliest ..it's urgent help pls
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— Here , We have a formula to calculate i.e,
Per capita = Total income / Total Population
— We also have a good definition ,
> Per capita = Per means every person & Capita means money.
> For every person who takes income individually.
> Per capita means : Average income of a person.
> GDP per capita is a measure of a country's economic output that accounts for its number of people.
> Per capita is calculated by using GDP i.e, Gross Domestic Product.
> Per capita Income is National Income divided by population.
> National income is money value of all final goods and services produced in a country during one year.
★ HOPE U LIKED MY ANSWER :-) ★
— Here , We have a formula to calculate i.e,
Per capita = Total income / Total Population
— We also have a good definition ,
> Per capita = Per means every person & Capita means money.
> For every person who takes income individually.
> Per capita means : Average income of a person.
> GDP per capita is a measure of a country's economic output that accounts for its number of people.
> Per capita is calculated by using GDP i.e, Gross Domestic Product.
> Per capita Income is National Income divided by population.
> National income is money value of all final goods and services produced in a country during one year.
★ HOPE U LIKED MY ANSWER :-) ★
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