Question

what is averages? why we take for per capita income ?

Answer 1

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. Per capita income is often used to measure a sector's average income and compare the wealth of different populations.

Answer 2

Hi mate:

Question:

what is averages? why we take for per capita income ?

Answer:

• Per capita income can be used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population.

• Per capita income for a nation is calculated by dividing the country's national income by its population

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