Question

What does per capita income indicate?

• A. NDP of a country
• B. Total income of a country
• C. Average income of an individual in a country
• D. NNP of a country

Answer 1

The correct option is C Average income of an individual in a country

Per capita income represents the average income of an individual in a country. It reflects the people's standard of living and can be used to compare the economic conditions of various countries.