wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

On which of the following factors is per capita income dependent?

A
Poverty
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
National income
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Employment
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Population growth
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D Population growth
Per capita income =National incomePopulation

Per capita income is dependent on both the national income and population growth as seen in the formula above.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Let's Solve a Few! Part 1
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon