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Q:

Per Capita Income is equal to–

  • 1
    National Income/Total population of the country
  • 2
    National Income + Population
  • 3
    National Income - Population
  • 4
    National Income x Population
  • Show Answer
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Answer : 1. "National Income/Total population of the country "
Explanation :

The average income of the people of a country in a particular year is called Per Capita Income for that year. So, it is National Income divided by population.

Per Capita Income

= National Income/Total population of the country

Though Per Capita Income is more reliable than GNP for many particular purpose.

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