GCE Economics 2024 Objective — Question 34
Question 34 of 50 from the General Certificate of Education (GCE) Economics 2024 Objective paper, with the correct answer and a full explanation.
Advertisement
The value of per capita income is
- A. A. $20Correct
- B. B. $12
- C. C. $8
- D. D. $4
Explanation
Per capita income is calculated using the formula: PCI = GNP/population = $400m/$20m = $20.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.