Question

why per capita income is calculated in dollars?
need it urgently, pls.​

Answer 1

Answer:

The Per Capita Income is calculated in the US dollars because US dollar is considered as the medium of international exchange. It is accepted as method of payment across the world.

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.

OR......⛤☛

⛤⛤☛☺Per capita income is calculated in dollars not in rupees b'coz dollar is considered to be a medium of international exchange and also dollar is accepted everywhere.

hope it helps

Answer 2

Answer:

The Per Capita Income is calculated in the US dollars because US dollar is considered as the medium of international exchange. It is accepted as method of payment across the world.