alleryPer capita income is calculated as
Atotal income ÷ total population
Btotal population ÷ total income
Ctotal income × population
Dtotal income − total expenditure
Answer & Solution
Correct answer: A. total income ÷ total population
1. Per capita income is the average income of a country's residents.
2. It is computed as total income divided by total population.
3. This is the standard measure used in World Development Reports.
_Source: syllabus Understanding Economic Development, Ch 1 "Development"_
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