Economy, asked by harshitkarn960, 5 months ago

what do you understand by average income

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Answered by JaiShreeRadhaKrishna

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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what do you understand by average income​

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what do you understand by average income