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Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population. Per capita income is often used to measure an area's average income. This is used to compare the wealth of one population with those of others. It is usually expressed in terms of a commonly used international currency such as the euro or United States dollar, and is useful because it is widely known, is easily calculable from readily available gross domestic product (GDP) and population estimates, and produces a useful statistic for comparison of wealth between sovereign territories. This helps to ascertain a country's development status.Â
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Cryogenics is a branch of Physics that deals with what?
The direction of magnetic field inside a magnet isÂ
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Which of the following pairs of phenomena illustrate the particle nature of the electromagnetic radiation?
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The order of wavelengths for ordinary light is:
The colour of sky appears blue due to –
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