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Question

Per capita income is obtained by dividing which of the following with total population ___________.


A
GNP (Gross National Product)
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B
NNP (Net National Product)
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C
GDP (Gross Domestic Product)
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D
all of the above
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Solution

The correct option is D all of the above

Per capita income is also called as average income/mean income or income per person in the economy.
It is calculated by dividing national income of the country by its total population. The national income can be calculated using various measures like GDP, GNP, NNP, NDP.


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