Social Sciences, asked by SariPrasriranya, 1 year ago

What is per capita income?how is it calculated.

Answers

Answered by abhijayrocks
1
average income ÷ total population
Answered by tarunmandalcrj12
0

Answer:

Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country or city.

It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population.

Explanation:

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