Question

what is per capita income?​

Answer 1

Answer:

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• Per capita income or average income measures the average income earned per person in a given area 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. 

Explanation:

• Per capita income is a measure of the amount of money earned per person in a nation or geographic region. ... Per capita income for a nation is calculated by dividing the country's national income by its population.

Answer 2

Answer:

Per capita income or average income measures the average income earned per person in a given area 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.