Q2 of 25 Page 242

What is Per capita Income?

It is the output per person in an economy in monetary value. It is indicator of living standard of people and is obtained as following: National Income/ population.


More from this chapter

All 25 →
2

How you arrive at NNP?

 2

Write a note on Income method?

 2

Write any two needs for the study of National Income.

 2

Give example for tertiary sector?