What is average income ? Howts it calculated ?
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Answered by
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
Explanation:
It is calculated by dividing the area's total income by its total population.
Answered by
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.
Explanation:
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