Economy, asked by harshinitv2005, 1 year ago

How is per capita income calculated ?

Answers

Answered by palak1431
5
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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.❤️❤️❤️

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