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Disadvantages of GDP

Per Capita In...

Question

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.

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Q. Per Capita income is obtained by dividing National Income by _________________.

Q. Per capita income is calculated by dividing the population by the national income.

Q. Per capita income is a better indicator of development as compared to national income.

Q. Assertion (A): Per capita income is a better indicator than total income to compare the development of nations.

Reasoning (R): Per capita income addresses how income is distributed among people.

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