Question

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

• A. Total population of the country
• B. Total working population
• C. Area of the country
• D. Volume of the capital used

Answer 1

The correct option is A Total population of the country

Per capita income is obtained by dividing national income by total population of the country per capita income by total population of the country. Per capita income, also known as income per person, is the mean income of the people in a country.

It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population.