what is per capita income?

3 ⤊

what is per capita income?

2007-02-03 05:12:28 · 3 answers · asked by Anonymous in Social Science ➔ Economics

3 answers

Per capita income measures average income -- take total income for a group of people (country, state, town) and divide by the population in that group.

2007-02-03 07:10:49 · answer #1 · answered by Allan 6 · 3⤊ 0⤋

Allan is correct, and we use the term "per capita" because it was latin for "per head" or "for each head", with 'head' of course suggesting an entire person.

2007-02-03 08:26:58 · answer #2 · answered by KevinStud99 6 · 0⤊ 0⤋

means income per head of population.

2007-02-03 10:31:20 · answer #3 · answered by selfish 2 · 0⤊ 0⤋