Economy, asked by josephjaden061, 5 months ago

what do you mean by average income explain with example​

Answers

Answered by cuteprincess200012
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 also called average income.

Answered by rsanjaykumar408
0

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 also called average income

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