Social Sciences, asked by ashwinjackson772, 1 year ago

how is the average income calculated . i want the formula

Answers

Answered by kshubhamroy

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 totalpopulation.

Answered by webstar0

Per capita income (PCI) or average income measuresthe 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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