what is per capita income?
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Hey!!!
Per capita income or average incomemeasures the average income earnedper person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's totalincome by its total population.
hope this helps you ☺☺☺
Per capita income or average incomemeasures the average income earnedper person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's totalincome by its total population.
hope this helps you ☺☺☺
Answered by
1
Per capita income or average income measures the average income earned perperson 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.
Hope it helpful
Hope it helpful
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