Why is per capita income is calculated in us dollor?
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The per capita income of all the countries are calculated in dollarsbecause.. 2. It is the largest usedcurrency in the world. ... 4.The common currency system takingdollar as the base was devised to bring an homogeneity for studying the GDP of all countries with the same base.
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The per capita income of all the countries are calculated in dollars because.. 2. It is the largest used currency in the world. ... 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.
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