A) summing up the income of the citizens of the country
B) dividing the national income by the population
C) estimating the minimum income of individual citizens
D) dividing the total national capital with the profit earned
Correct Answer: B
Solution :
Per capita income or average income measure the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.
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