Per capita income is calculated by dividing national income by the country's:
Correct answer: A. Total population
- A. Total population
- B. Working population
- C. Labour force
- D. Number of households
Explanation
Per capita income is national income divided by the total population. Dividing by the labour force or working population would produce a different measure related to income per worker.
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About Economy of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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