Political Science, asked by priyanka1434, 1 year ago

Define PER CAPITA INCOME.....

Answers

Answered by Anonymous
7

Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population.

Answered by Drishti50
1
It measures the average income earned per person in a specified year.
It os calculated as - Total income/Total Population
Hope this will help u
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