Economy, asked by karandhillon9261, 7 months ago

Define average income

Answers

Answered by PurabKaushik

Answer:

Average income is known as per capita income.

Explanation:

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Answered by kumawatkhushwant

Answer:

Per capita income or average income measures the average income earned per person in a given area 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

Explanation:

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