Per Capita Income is ________ divided by the total population.
A
national income
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B
net national product
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C
per capita consumption
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D
none of these
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Solution
The correct option is A national income Per capita income or average income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size.