Question

Why is per capita income calculated in US dollar

Answer 1

Answer:

The per capita income of all the countries are calculated in dollars because.. ... Dollar is the base currency for all export and import pricing. 4.The common currency system taking dollar as the base was devised to bring an homogeneity for studying the GDP of all countries with the same base.

Answer 2

Answer:

the per capita income is calculated in us dollar because..

Explanation:

1. It is the largest used currency in the world.

2.the comman currency system taking dollar as the base was devised to bring an homogeneity for studying the GDP of all countries with the same base.

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