Calculate the Per Capita Income of two countries A and B....
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Answer:
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.
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Answer:
• What is per capital income(PCI)?
=> 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.
Now, for calculating PCI of any countries we have to needed this things:-
• Total population of that country.
• Total income of that country.
If we provided this information then you have to do only this:-
=> Divide the total income from total population..
Explanation:
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