Social Sciences, asked by joelshaji872, 5 months ago

what is per capita income​

Answers

Answered by gun1327
8

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. 

Answered by Anonymous
31
  • ᴘᴇʀ ᴄᴀᴘɪᴛᴀ ɪɴᴄᴏᴍᴇ ᴏʀ ᴀᴠᴇʀᴀɢᴇ ɪɴᴄᴏᴍᴇ ᴍᴇᴀsᴜʀᴇs ᴛʜᴇ ᴀᴠᴇʀᴀɢᴇ ɪɴᴄᴏᴍᴇ ᴇᴀʀɴᴇᴅ ᴘᴇʀ ᴘᴇʀsᴏɴ ɪɴ ᴀ ɢɪᴠᴇɴ ᴀʀᴇᴀ ɪɴ ᴀ sᴘᴇᴄɪғɪᴇᴅ ʏᴇᴀʀ. ɪᴛ ɪs ᴄᴀʟᴄᴜʟᴀᴛᴇᴅ ʙʏ ᴅɪᴠɪᴅɪɴɢ ᴛʜᴇ ᴀʀᴇᴀ's ᴛᴏᴛᴀʟ ɪɴᴄᴏᴍᴇ ʙʏ ɪᴛs ᴛᴏᴛᴀʟ ᴘᴏᴘᴜʟᴀᴛɪᴏɴ. ᴘᴇʀ ᴄᴀᴘɪᴛᴀ ɪɴᴄᴏᴍᴇ ɪs ɴᴀᴛɪᴏɴᴀʟ ɪɴᴄᴏᴍᴇ ᴅɪᴠɪᴅᴇᴅ ʙʏ ᴘᴏᴘᴜʟᴀᴛɪᴏɴ sɪᴢᴇ.

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