Economics · National Income
How is the per capita income of a country calculated?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1By dividing the country's national income by its total population✓
- 2By dividing the country's national income by its total value of goods and services
- 3By adding the total income of the population to the country's exports
- 4By calculating the total income of the working population
Correct answer
By dividing the country's national income by its total population
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