alleryStart learning →Per capita income is obtained by dividing national income by:
ATotal production
BTotal expenditure
CPopulation of a country
DGross National Product
Answer & Solution
Correct answer: C. Population of a country
1. Per capita income is defined as the average income of a person in a country in a particular year.
2. It is obtained by dividing national income by population.
3. The glossary states the same idea more briefly as the annual average income of a person.
4. The textbook cautions that per capita income reflects economic welfare only if income is equally distributed.
_Source: TN HSC Class 12 Economics (Samacheer Kalvi, Govt of Tamil Nadu), Ch 2 "National Income", §2.4.7_
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