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Per Capita Income, National Income and Contribution to GDP

What does the...

Question

What does the term "Per capita" mean?

A

For a state population

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B

For a country population

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C

For a society population

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D

For each person

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Solution

The correct option is D For each person
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’.

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