Economy, asked by Nishantgujjar, 1 year ago

what is average income? what is its importance? How it is calculated?​

Answers

Answered by vikashRaojaat
4

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.[1][2]

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