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Question

General Knowledge Question on Economics

The per capita income is obtained by

A

Summing up the income of all the citizens of the country

B

Estimating the minimum income of individual citizens

C

Dividing national income by the population

D

Dividing the total national capital with the profit earned

Answer

Dividing national income by the population

Explanation

Solution

The correct option is (C) :Dividing national income by the population