Question

write six features of per capita income ?

Answer 1

Features of per capita income are-
1. It is measured on the basis of a fixed duration of period, generally 12 months.
2. It is calculated in a fixed geographical area.
3. Incomes like- sale of property, capital gains, etc are not calculated as per capita income.
4. Income of people under 15 years of age is not calculated in per capita income.
5. The total income is divided by the total population of the geographical area.
6. It indicates the state's economic health.