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Question
What is per capita income?.
Solution
Per-Capita Income is an indicator to show the living standard of people in a country. It is obtained by dividing the National Income by the population of a country. It is also called as output per person of an economy.
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RELATED QUESTIONS
National Income is a measure of______.
GNP ______ net factor from abroad.
______ represents all sources of income excluding direct taxes.
The prices paid to the factors of production are included in the ______ approach
The key parameters of economic growth of an economy are its GDP and ______ which helps in measuring the actual size of the economy.
______ used the term Per Capita Income for the first time in 1867-68.
______ is the name of the book written by Dadabhai Navroji.
Choose the correct statement
- Personal income minus direct taxes gives the disposable income.
- GDP of India includes the market value of all the goods and services produced in the global level.
- Disposable Income minus Transfer payments plus subsidies gives personal income.
- The Quantum of wear and tear expenses are called Depreciation.
How do you arrive at NNP?
What is the financial year of India?
