Economy, asked by paplukaaloo8486, 1 year ago

Write a notes on Per capita income.

Answers

Answered by karchour
5
Per capita income is an average income of particular residents of country.
The total income sum up and divided by number of population present in the country. It does not gives precise value of every man but an average as if some people does not earn then also its income considered as per capita income and on the other have who earn huge they will get less income as according to per capita income. All income is same as came by didiving the sum by all population. Although that’s how the per capita income concludes.
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