Per capita income is defined as

total amount of income in a nation in one year.
average amount of income in Europe in one year.
total amount of income earned by workers in one year.
average amount of annual income earned per person in one year.

Respuesta :

Answer:

d. average amount of annual income earned per person in one year.

Explanation:

i took the test on edge

The per capita income is defined as the average amount of income earned by every person in a year.

Option D is correct.

What is an income?

An income is an amount being obtained by a person from his /her profession or a job. It is the income through which he/she can acquire the goods for their final consumption.

When the income is being earned by a person every year is called annual income and when it is being taken in average factor , then it is represented the per capita income. It is the concept being used to derive  how much income is received to each person in a given area and also tells about their living standards.

Therefore, the definition given in option D is correct.

Learn more about the per capita income in the related link:

https://brainly.com/question/14396320

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