Social Sciences, asked by Talyorswift, 1 year ago

which concept is also called adjusted per capita income? why is it adjusted?

Answers

Answered by asr7
9
Adjusted per capita income is per capita income adjusted for the purchasing power of the dollar. ... Generally, per capita income is measured in US dollars. Hence, the per capita income of a country is converted from the local currency to the dollar at the market exchange rate.

Talyorswift: Would you justify the concept clearly?
Answered by Bhagavathi567
2
National income is called per capita income

Talyorswift: excuse me.....you are wrong here
asr7: ok how can you tell
asr7: yes she is wrong. sorry i have done the wrong chat.
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