What is meant by average income of a country?
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Answered by
7
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.
Answered by
0
Answer:
PERCAPITA INCOME.
Explanation:
it was tradional method of knowing economic development but it is not satisfactory method because it only deals with income but many other criteria also includes in economic development.
it is calculated by dividing total national income by total population
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