Question
Per capita Income of a country derived from
Answer: Option A
Answer: (a)
The per capita income of a country is derived from both National Income and population both. Per Capita Income is obtained by dividing National Income by the total population of the country.
Per capita income, also known as income per person, is the mean income of the people in a country.
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)
The per capita income of a country is derived from both National Income and population both. Per Capita Income is obtained by dividing National Income by the total population of the country.
Per capita income, also known as income per person, is the mean income of the people in a country.
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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