What is per capita income ? What it is also called ?
Answers
Answered by
1
Answer:
Per capita income is a measure of the amount of money earned per person in a nation or geographic region. ... Per capita income for a nation is calculated by dividing the country's national income by its population.
Answered by
1
Answer:
Per capita income (PCI) or average income measures the average income earned per person 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 will help you
Please mark as brainlyst
Similar questions
Social Sciences,
3 months ago
English,
7 months ago
India Languages,
11 months ago
Hindi,
11 months ago