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Per NCERT, how is AVERAGE INCOME (per capita income) of a country calculated?
ATotal population divided by area
BTotal income divided by GDP
CTotal income of the country divided by its total population
DTotal income multiplied by population
Answer & Solution
Correct answer: C. Total income of the country divided by its total population
Per NCERT §Average Income, per capita income = total income ÷ total population. The other options misstate.
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