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It is when a certain country has a high average amount of money, earned in a certain year by a person in a country.

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What is the income per capital in Ghana?

$400


Is per capital income as in macro economics?

Percapita income is income per head.It is calculated by total income by total population.Therefore it is treated as a Macro concept.Percapita income is expressed in countrywise .Percapita income of USA is twice the income of India


What is mean by per capital income?

Per capita income means how much each individual receives, in monetary terms. It is the measure of the amount of money that each person earns in the country, of the yearly income generated in the country. This is what each citizen is to receive if the yearly national income is divided equally among everyone. Per capita income is usually reported in units of currency per year. When comparing nations per capita income reflects gross national product per person, but it is also used to compare municipalities within nations. When determining the per capita income of a community, the total personal income is divided by the population.


What is per capita income?

it is when the total national is divided by the populationit is number of incom whitch is divided equally among allWhen the total national income is divided by the total population, it is called per capita income.It is the average income of an average person in that country.For example:Let a country's average income be 5000$It doesn't mean that every person is earning 5000$ in that country. But on an average, the income of a person in that country is 5000$.Country with high per capita income is said to be developed.for example U.S.A.


Features of a developed economy?

the developed ecnomy is the one which has high per capita income

Related Questions

What is the per capital income of Singapore for 2010?

per income of singapore 2013


What is Mexico's per capital income?

Mexico's per capita income is US $14,610.


What is the income per capital in Ghana?

$400


What is Peru's capital income?

Peru's capital income is about $3000 per year. The question you asked is wrong. The question should be "what is Peru's per capita GDP or GDI".


What is the per capital income in panama?

The GDP per capita in Panama is $8,514.


What is the per capital income of Russia?

farts in ur mouth


What is the capital income in Cameroon?

per capita $2300.00 a year


What is the current Per capital income of India?

new delhi


Which city has the highest per capital income in this world in the year 2007?

125,000,000 IN A YEAR MAKATI INCOME


Is per capital income as in macro economics?

Percapita income is income per head.It is calculated by total income by total population.Therefore it is treated as a Macro concept.Percapita income is expressed in countrywise .Percapita income of USA is twice the income of India


What is mean by per capital income?

Per capita income means how much each individual receives, in monetary terms. It is the measure of the amount of money that each person earns in the country, of the yearly income generated in the country. This is what each citizen is to receive if the yearly national income is divided equally among everyone. Per capita income is usually reported in units of currency per year. When comparing nations per capita income reflects gross national product per person, but it is also used to compare municipalities within nations. When determining the per capita income of a community, the total personal income is divided by the population.


What country in Africa has the highest per capital annual income?

South Africa.