what is per capita income
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Heya,
Per Capita Income refers to per person Income of the country. It is an average of earning of 1 people of the country. It shows devwlopment of any country.
Per capita income= GDP/ TOTAL POPULATION
☺️☺️☺️☺️.
Per Capita Income refers to per person Income of the country. It is an average of earning of 1 people of the country. It shows devwlopment of any country.
Per capita income= GDP/ TOTAL POPULATION
☺️☺️☺️☺️.
SRFARNAV:
thnx bro
Answered by
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=>The average income of a person in a country is known as per capita income.
=> In simple words per capita income means income per head.
=> It is derived by dividing the Total income of a country by total population.
Per capita income =
Total Income ÷ Total Population
Hope it helps.
=> In simple words per capita income means income per head.
=> It is derived by dividing the Total income of a country by total population.
Per capita income =
Total Income ÷ Total Population
Hope it helps.
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