Economics · National Income Accounting
The primary objective of calculating Per Capita Income is that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It helps us calculate the Total National Income.
- 2It informs us about the individual economic progress made by every individual citizen.
- 3It helps to measure economic welfare and progress in terms of goods and services available per head.✓
- 4It helps the government to levy taxes more efficiently on individuals.
Correct answer
It helps to measure economic welfare and progress in terms of goods and services available per head.
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