what is per capita income
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______✨ HEY MATE ✨______
➡️It 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.
➡️It 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.
Answered by
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Hey mate here is your answer
Per capita income or average income measures the average income earned per person in a particular year.
The per capita income is calculated by dividing the total income by total population of that area.
hope it helps you
thankyou
Per capita income or average income measures the average income earned per person in a particular year.
The per capita income is calculated by dividing the total income by total population of that area.
hope it helps you
thankyou
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