Professor Graham assigns each student a country and tells them to divide the country's total gross income by the number of people in that country. This formula will produce the:
A) Per-Capita Income
B) Rentiers
C) Debt Bondage
D) Social Stratification System

Question

Quizplus · Accepted Answer

The formula of dividing a country's total gross income by the number of people in that country calculates the per-capita income, which is a measure of the average income earned per person in a given area.

Professor Graham Assigns Each Student a Country and Tells Them