Social Sciences, asked by Raunak14khandelwal, 10 months ago

Explain the term what is Per Capita Income.​

Answers

Answered by khandelwalgarv23
1

Answer:

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 the area's total income by its total population.

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