Question

What is average income? Also write down the formula to calculate

the average income of the country.​

Answer 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.

Answer 2

Answer:

The amount of money earned in specific days I.e you earned 6rupees in 3 days so 6*3=18 so your average will be 18÷3

Explanation:

Average income=money earned÷time duration