what is per capita income? how is it calculated? why is per capita income not an adequate indicator of economic development of a country ? explain
......plz give relevant answer
Share
what is per capita income? how is it calculated? why is per capita income not an adequate indicator of economic development of a country ? explain
......plz give relevant answer
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
per capita income=National income÷ population
2. 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.