Economy, asked by sonudillikkc0237, 5 months ago

High income have per Capital income- ​

Answers

Answered by shimishtrivedi
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.

Answered by bayirgamlin
0

Answer:

A HIGH INCOME ECONOMY IS DEFINED BY THE WORLD BANK AS A COUNTRY WITH A GROSS NATIONAL INCOME PER CAPITA OF US $ 12,536 OR MORE IN 2019,CALCULATED USING THE ATLAS METHOD WHILE

THE TERM "HIGH INCOME " IS OFTEN USED INTERCHANGEABLY WITH "FIRST WORLD " AND "DEVELOPED COUNTRY " ,THE TECHNICAL DEFINITIONS OF THREE TERMS DIFFER.

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