Q.

Which of the following results by dividing national income by size of population?

A. Per capita income
B. Subsistence level
C. Subsistence expenditure-
D. Per capita production
Answer» A. Per capita income
Explanation: Per capita income or average income or income per person is a measure of mean income within an economic aggregate, such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross National Income) and dividing it by the total population.
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