Economy, asked by sahilthakre05, 7 months ago

per capita income and average income are same?​

Answers

Answered by Lovelyfriend
12

Per capita income (PCI) or average incomemeasures 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. Per capita income is national income divided by population size.

Answered by cocbabul9
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. Per capita income is national income divided by population size.

Similar questions