Question

What do you meen by per capita income

Answer 1

Answer:

per capita income is also known as average income.

the per capita income is used to measure the average income earned by a per person in a given area.

Answer 2

Answer:

Per Capita Income 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(Gross Income) by its total population

Explanation:

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