Economy, asked by Aishez, 1 year ago

define
the term per capita income

Answers

Answered by AR17
7
Per capita income or average income is the average income earned by each person in a given area like a city, state, country.

This per capita income can be calculated by dividing area's total income by total population.

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Answered by Ajeesha15
5
★✩ 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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