What do we get when we divide the National income of Country by its total population?
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➭ 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.
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Answer:
1) By dividing the total income of the nation by its total population, we obtain the average income, also known as per capita income.
Explanation:
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