7):- Write down the formula of Average income or Per Capita Income.
Answers
Answered by
1
Answer:pls mark as brainliest
Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size.
Similar questions
Social Sciences,
4 months ago
Business Studies,
4 months ago
Math,
10 months ago
English,
1 year ago