ECONOMICS
TECHNOLOGY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Per Household
|
|
|
Per Object
|
|
|
Per Worker
|
|
|
Per Person
|
Detailed explanation-1: -What Is Per Capita? 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 Income is a metric used to determine the amount of money earned per individual in a nation or geographical area. You’ll get PCI of a specific geographical location by dividing a population’s total income by that area’s population.
Detailed explanation-3: -noun. plural of caput. an individual person, as used in the phrase per capita.
Detailed explanation-4: -GDP per capita is the sum of gross value added by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output, divided by mid-year population.