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Malay Shah

· started a discussion

· 1 Months ago

Shouldn't answer be A? (Question: 200755.0 )

https://competitiondigest.com/concept-national-income-gdp-ndp-gnp-nnp/

Question:
Per Capita Income =
Options:
A)
B)
C)
D)
Solution:
Ans:(d) 

Knowledge Expert

· commented

· 1 Months ago

Dear Student,

Given answer is correct,
Income per capita is a measure of the amount of money earned per person in a certain area. It can apply to the average per-person income for a city, region or country, and is used as a means of evaluating the living conditions and quality of life in different areas. It can be calculated for a country by dividing the country's national income by its population.

Read more: Income Per Capita http://www.investopedia.com/terms/i/income-per-capita.asp#ixzz4nGpPGk2x

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