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Define per capita income or average income
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Answered by
24
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.
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4
Answer:
Per capita income (PCI) or average income measures the average income earned per person in a given area just like city country In a specified year. it is calculated by dividing the area's total income by its total population.
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