JAMB - Economics (2024 - No. 40)
The comparison of the standard of living between Nigeria and Ghana is best down through the use of
gross National incomes
per capita income
Net National income
Net disposable income
Explicació
Per capita income is calculated by dividing the total income of a country by its population. It provides an average measure of income per person in a country and is commonly used to compare the standard of living between different countries.