Per Capita Income, National Income and Contribution to GDP
What does the...
Question
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
What does the term "Per capita" mean?
A
For a state population
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
For a country population
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
For a society population
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
For each person
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution
The correct option is D For each person <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
Average income earned by a person of a country in a specified time is calculated by dividing the total income of the country by the total population. This is called the per capita income.
Per capita refers to ‘for each person’.