Question 26 of 26
Q.Write a short note on: Per Capita Income
Yanam BieapBIEAP AP Intermediate (1st Year) Commerce Board 2024Subjective· 2mImportance★★★★★est
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Start your 14-day free trial to unlock the full solution →Per capita income is the average income per head = national income divided by total population.
Explanation
Per capita income means income per person. It is calculated by dividing the national income of a country for a year by its total population in that year:
Per Capita Income = National Income / Total Population.
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