Question

Per capital income calculated?

Options

• `("National income")/("Population of state") xx 1000`

• `("National income")/("Population of the country") xx 100`

• `("National income")/("Population of state") xx 100`

• `("National income")/("Population of the country") xx 1000`

Answer 1

`("National income")/("Population of the country") xx 100`

Explanation:

Per capita income is also known as per person income. It is determined by dividing national income by the entire population.