what is per capita income? how is it calculated? why is per capita income not an adequate indicator of economic development of a country ? explain
......plz give relevant answer
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Answered by
74
Per capita income is the average income of the normal residents of a country in a particular year.
per capita income=National income÷ population
per capita income=National income÷ population
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qwerty12345m:
jennie in which stranded you studiedin
i am in 11standard
oh
one up
where do you live
Jennie aru from. china or Korea
what's. your age
what's. your age jennie
can you tell me
Answered by
80
1. Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country or city.
2. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population.
2. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population.
Moreover, there are many other scales that we should also reflect on before deciding that a country has ‘developed’, things like literacy rates, infant mortality, life expectancy, happiness outcomes, and more.
they are just examples
sukhman you aer in which school
???
where is it
hey
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