A. Gross Domestic Product
B. Gross National Product
C. National Income
D. Per capita income
✅ The correct answer is option D.
The total value of the products and services marketed by a nation is called Per capita income. Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area’s total income by its total population.
The total value of the products and services marketed by a nation is called Per capita income. Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area’s total income by its total population.