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Question
How is the Per Capita income calculated?
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Solution
The average income is calculated by dividing the country’s total income by its total population. The average income is also called per capita income. Calculations on the per capita income of all countries are calculated only in the US dollar in order to compare the International level.
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RELATED QUESTIONS
The ________ income is also called per capita income.
Among the following states which state have the literacy rate (2011) higher than national average.
Sex-ratio means.
_______ resources are those which will get exhausted after years of use.
Economic progress of any country is known as ______________.
The state having the highest literacy rate in India is _____________.
Match the following
| 1. Development | Wild life Protection Act |
| 2. Human resource | Renewable resources |
| 3. Solar energy | Part of daily life |
| 4. 1972 | Education |
Expand the PCI.
Assertion (A): The term ‘economic development’ refers to the overall growth of all sectors of
the economy.
Reason (R): By adoption of new technologies.
This is also known as National Income.
