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WAEC Economics 1999 Question 12

Question 12

National Income

Per capita income in any West African country is measured by

  1. A.dividing the GNP by total population
  2. B.adding the total savings to the GNP
  3. C.multiplying the GNP by the total population
  4. D.subtracting the GNP from the GDP
Show the answer and explanation

Answer: A (dividing the GNP by total population)

Explanation

Per capita income = national income (GNP) ÷ population.