what is average income? how it is calculated.
Answers
Answered by
3
- 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.
- Dividing the total income of the country by its total population. Uh will find the how its calculated
Similar questions