Social Sciences, asked by neha42476, 3 months ago

what is per capita income

Answers

Answered by ankushnegi9573

1

Explanation:

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 vishalsaw2601sths

0

ANSWER

Per capita income is a measure of the amount of money earned per person in a nation or geographic region. 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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