Can anyone explain me What is Per Capital income?
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Answered by
25
Per capita income (PCI) or average incomemeasures the average income earned perperson 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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hey dear ...
here is ur answer:-
average income can be calculated by dividing the total income by the total population .It is known as per capita income.
Hope it will help uh ❤️❤️
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