Economy, asked by genius390, 1 year ago

Define per average income or per capita income. how it is calculated?

Answers

Answered by ShivamSaurabh1
2
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 area's total income by its total population...
Answered by Ajeesha15
0
★✩ ʜᴇʀᴇ ɪs ʏᴏᴜʀ ᴀɴsᴡᴇʀ..

Total income divide by total population is known as \color{red}{Average\: Income.} It is also known as \color{blue}{Per \:Capita \:Income.}

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