Economy, asked by mannavapavani9198, 10 months ago

Define average income/per capita income

Answers

Answered by bharathidevinanduri4
5

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.

Answered by archanasinha8403
2

Answer:

Per capita income or a average measure the average income earned per person in a given area in a specified year.

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