Economics · National Income
Real Per Capita Income is mathematically equivalent to which of the following ratios?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Nominal National Income × Total Population
- 2Real National Income × Total Population
- 3Real National Income / Total Population✓
- 4Nominal National Income / Total Population
Correct answer
Real National Income / Total Population
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