>From: "Doug Henwood" <dhenwood at panix.com>>
>> Average household incomes usually come in below per capita GDP,
>
>Why?
Uh, I misphrased that. Since a household usually consists of more than one capita, obviously HH incomes are going to be higher than per capita ones. What I should have said is that per capita incomes reported in household surveys come in below GDP divided by population. The reason is mostly the portion of GDP accounted for by business income/investment.
Doug