ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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per country size
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for each line of latitude
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for each person
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per dollar
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Detailed explanation-1: -Per capita is a Latin term that translates to “by head.” Per capita means the average per person and is often used in place of “per person” in statistical observances. The phrase can be used for almost any kind of population description but is common when discussing economic data.
Detailed explanation-2: -Per capita is a Latin term that means “per person.” Per capita is often used to provide context about data. You can calculate the per capita measurement by dividing a measurement by the population being measured.
Detailed explanation-3: -The measurement of a country’s per capita income is done by dividing the total national income of a particular country or state by the population in that specific geographical region.
Detailed explanation-4: -Per capita income is the mean income computed for every man, woman, and child in a particular group including those living in group quarters. It is derived by dividing the aggregate income of a particular group by the total population in that group. This measure is rounded to the nearest whole dollar.