Question
Per capita income =
Answer: Option A
Answer: (a)
Per capita income, more simply known as income per person, is the mean income within an economic aggregate such as a country or city.
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.
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Answer: (a)
Per capita income, more simply known as income per person, is the mean income within an economic aggregate such as a country or city.
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.
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